29/123-125 Macleay StreetPotts Point NSW 2011
Property Details for 29/123-125 Macleay St, Potts Point
29/123-125 Macleay St, Potts Point is a 2 bedroom, 1 bathroom Unit and was built in 1930. The property has a land size of 529m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Potts Point in the last 12 months.
Last Listing description (May 2024)
Perched on the 6th level of the Gothic architecture-inspired 'Franconia' building, this pristine Art Deco treasure offers a luxurious living experience evoking the essence of New York style. Bathed in natural light, the rare gem boasts breathtaking views of the Harbour Bridge and City Skyline, exuding an ambiance of unparalleled elegance and sophistication. Ready to move in or rennovate, it's an ideal retreat for discerning individuals seeking refined urban living or for astute investors looking for a promising opportunity.
Franconia stands as one of Potts Point's most distinguished Art Deco buildings, envisioned by architect Walter Leslie Nielsen, drawing inspiration from the iconic Art Deco structures of Manhattan, New York City. Boasting a majestic street entrance and a splendid timber-panelled foyer, the building exudes elegance from its core. Complete with two lifts for convenience, meticulously maintained common areas, and a sun-drenched rooftop terrace with unparalleled views spanning Sydney Harbour, stretching from The Heads to the majestic Harbour Bridge, Opera House and the captivating city skyline.
Property Highlights:
* Boasting an excellent floorplan, the rooms are flooded with natural light and feature lofty ceilings, creating a spacious and airy ambiance
* Dedicated entry/hall way area with storage that can be used as a study
* Separate kitchen and dining areas that seamlessly flow into one another, offering a harmonious space ideal for both relaxation and entertaining guests
* Massive size bedrooms with amazing views towards harbour bridge and city skyline
* Gas kitchen with abundant storage space and opens up to communal balcony
* Secure building with on-site building manager
* Exclusive access to communal rooftop terrace, which boasts breathtaking views of the CBD skyline and the iconic Sydney Harbour
* Situated opposite the famous El Alamein Fountain, and right in the heart of Potts Point
Note: company title, refer to contract of sales for house rules.
Property Code: 6985
Property History for 29/123-125 Macleay St, Potts Point, NSW 2011
- 04 May 2024Sold for $1,685,000
- 09 Apr 2024Listed for Sale Not Disclosed
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0About Potts Point 2011
The size of Potts Point is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.5% of total area. The population of Potts Point in 2011 was 6,861 people. By 2016 the population was 9,425 showing a population growth of 37.4% in the area during that time. The predominant age group in Potts Point is 20-29 years. Households in Potts Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Potts Point work in a professional occupation. In 2011, 35.1% of the homes in Potts Point were owner-occupied compared with 31.3% in 2016.
Potts Point has 7,279 properties. Over the last 5 years, Houses in Potts Point have seen a 23.49% increase in median value, while Units have seen a 20.98% increase. As at 31 July 2024:
- The median value for Houses in Potts Point is $2,832,356 while the median value for Units is $1,073,592.
- Houses have a median rent of $688 while Units have a median rent of $650.
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