OFF MARKET

709/28 Macleay Street
Elizabeth Bay NSW 2011

Bedrooms: -
Bathrooms: 1
Car spaces: -
Floor area: 24m2
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Property Details for 709/28 Macleay St, Elizabeth Bay

709/28 Macleay St, Elizabeth Bay is a 0 bedroom, 1 bathroom Unit and was built in 1970. The property has a floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in November 2019.

Building Type
Unit
Year Built
1970
Floor Size
24m2
Local Government
Sydney
Lot/Plan
93/SP46507

Last Listing description (July 2022)

Tenanted Studio Apartment offering Great Rental Returns

This studio apartment is perfect for wise investors with a very strong rental return and long term tenant who has lived in the unit for over 10 years and has committed to another long term lease.


The unit itself presents well and is neat and tidy and part of a very well maintained building. The Macleay offers resort style living, as well as the lively lifestyle with great local cafes and nightlife. Woolworths is located across the road for your convenience.


* Great long term tenant with secure lease terms
* Great return on investment
* Fully furnished with nothing to spend
* Intercom and secure access to the building
* Swimming pool and communal BBQ area
* Facilities include Concierge service, two lifts and coin op laundry
* Great transport options with trains and buses to CBD, Bondi Junction and the Airport



Contact Stephen Cachia for all enquiries on 0410 339 988

Property History for 709/28 Macleay St, Elizabeth Bay, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$390,000
14 Nov 2019
  • 26 Jul 2022
    Listed for Sale For sale by negotiation $415,000 to $425,000
  • 14 Nov 2019
    Sold for $390,000
  • 19 Sep 2019
    Listed for Sale For sale by negotiation $415,000 to $425,000
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About Elizabeth Bay 2011

The size of Elizabeth Bay is approximately 0.2 square kilometres. It has 5 parks covering nearly 10.8% of total area. The population of Elizabeth Bay in 2011 was 5,093 people. By 2016 the population was 5,222 showing a population growth of 2.5% in the area during that time. The predominant age group in Elizabeth Bay is 30-39 years. Households in Elizabeth Bay are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Elizabeth Bay work in a professional occupation. In 2011, 38.5% of the homes in Elizabeth Bay were owner-occupied compared with 36.1% in 2016..

Elizabeth Bay has 4,656 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a 23.41% increase in median value, while Units have seen a 20.94% increase. As at 30 September 2024:

  • The median value for Houses in Elizabeth Bay is $4,032,353 while the median value for Units is $1,137,561.
  • Houses have a median rent of $675 while Units have a median rent of $680.
There are currently 15 properties listed for sale, and 12 properties listed for rent in Elizabeth bay on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Elizabeth bay.

Suburb Insights for Elizabeth Bay 2011

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.