Ray White Commercial (SC) is pleased to present to the market this boutique office space with car parking, located on the corner of Potts Point's thriving Macleay Street. The property will be offered for Auction, under instructions from the mortgagee in possession, on Tuesday, 19th September 2023.
Known as Lots 67 & 71 / 46A Macleay Street, Elizabeth Bay, the internal layout presents a flexible opportunity for a broad range of business types, with designated meeting room, reception space, open office space and utility room.
Within walking distance to Kings Cross station, this property offers great convenience and connectivity. Situated within Sydney's Inner East enclave, Elizabeth Bay is a prestigious harbourside suburb that appeals to professionals and creatives, drawn by its proximity to the vibrant neighbourhoods of Kings Cross and Potts Point, as well as its convenient access to the Sydney CBD.
Additional highlights of the asset include:
Office area - 159 sqm* (Lot 71)
One secured parking space on separate title (Lot 67)
Abundance of natural light
Direct street exposure
500 m* to Rushcutters Bay Park
600 m* to Kings Cross Station
650 m* to Beare Park
800 m* to Woolloomooloo Wharf
1.7 km* to Edgecliff Interchange
2 km* to Sydney CBD
The property is offered for sale via Auction on Tuesday, 19th September 2023 at 10:30am (AEST). The Auction will be held at AuctionWorks, Mezzanine Level, 50 Margaret Street, Sydney.
For further information, please contact the exclusive selling agents below:
* Approximately
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 4,716 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a 9.89% increase in median value, while Units have seen a 23.57% increase. As at 31 July 2024:
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