5/40 Blues Point Rd, Mcmahons Point is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 2777m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Auction Location: On-site.
An excellent opportunity at an entry level price to prime waterfront property, this two bedroom apartment is positioned to embrace a relaxed lifestyle with generous waterfront pool and BBQ in an exquisite large garden area. This spacious abode is positioned in the north-east corner of 'Westbridge' , a tightly held, double brick, mid-century strata building. Showcasing spacious interiors complete with high ceilings and large windows capturing Bridge and city views, this apartment offers plenty of scope to renovate and add further value. Its prestigious, harbourside address is footsteps to Blues Point Reserve, Ferry wharf, buses and a short stroll to village cafes and North Sydney station
Ground level with garden outlook and east facing balcony capturing natural light
Auction On-Site Saturday 12 December 10.30am
The size of Mcmahons Point is approximately 0.4 square kilometres. It has 9 parks covering nearly 12.5% of total area. The population of Mcmahons Point in 2011 was 2,344 people. By 2016 the population was 2,284 showing a population decline of 2.6% in the area during that time. The predominant age group in Mcmahons Point is 30-39 years. Households in Mcmahons Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mcmahons Point work in a professional occupation. In 2011, 45.8% of the homes in Mcmahons Point were owner-occupied compared with 45.7% in 2016.
Mcmahons Point has 1,765 properties. Over the last 5 years, Houses in Mcmahons Point have seen a 29.87% increase in median value, while Units have seen a 26.52% increase. As at 31 October 2024:
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