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706/28 Macleay Street, Elizabeth Bay$490,000
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706/28 Macleay Street

Elizabeth Bay, NSW 2011, Australia
$490,000
1 bath

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About this property

Positioned on Level 7 of the sought-after The Macleay, this stylish studio offers the perfect blend of lifestyle, convenience, and immediate income potential. Fully furnished and professionally presented, it's an outstanding opportunity to secure a turnkey investment or an effortless first home in one of the area's most vibrant pockets. Enjoy a walk-to-everything lifestyle, just moments from Woolworths, buzzing cafés, transport, and renowned dining spots including The Apollo, Bistro Rex, and Cho Cho San. Why you'll love it: - Currently leased through The Macleay - Light-filled Level 7 position with a peaceful outlook - Updated bathroom and well-maintained kitchen - Air-conditioned living for year-round comfort - Dual-purpose flexibility, occupy or retain as a consistent income-producing investment - Internal laundry and built-in wardrobe for added convenience - Secure building with upgraded lifts, swimming pool and gym - Flexible short-stay approval, a rare investment advantage - Leased through 'The Macleay' and owners are able to also occupy as required and enjoy. Guaranteed rental payments from 'The Macleay'. - Flexible occupancy owners can occupy and enjoy the apartment along with 'The Macleay' has to offer, Airbnb or rent out to a longer term tenant. Unbeatable location: - 100m to Challis Avenue dining precinct - 300m to Fitzroy Gardens weekend markets - 450m to Beare Park and harbourfront walks - Buses at your doorstep, 600m to Kings Cross Station Size: 23sqm (as per strata plan) Outgoings (approx.) Strata: $1,509.92 per quarter Council: $306.20 per quarter Water: $202.72 per quarter Disclaimer All reasonable care has been taken in the preparation of this advertisement, with information sourced from various reliable providers. However, Point & Bay Property makes no guarantee regarding its accuracy. We accept no liability for any errors, omissions, or discrepancies.

Property Details

Property Type
studio
Listing Type
For Sale
Bathrooms
1
Listed
1 month ago

Repayment calculator

$2,375/month
$1,188 /fortnight
Loan $392,000 at 6.10% over 30 years

Upfront costs

Deposit$98,000
Stamp duty$14,062
Conveyancing (est.)$2,000
Total upfront$114,062
Verify with NSW revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Elizabeth Bay

This studio in Elizabeth Bay, NSW 2011 sits within reach of public transport, local shops local amenities. It is listed 50% below the $975,000 median of 51 comparable studioswithin 5 km.

What's nearby

  • Macleay St opp Rockwall Cres (bus)27 m away
  • Os Nails & Beauty51 m away
  • Arthur McElhone Reserve97 m away
  • John Armstrong Reserve233 m away
  • St Neots Reserve282 m away

Elizabeth Bay at a glance

Full suburb profile
Population
4,878
Median age
43
Household income
$2,116/wk
Median rent
$500/wk
Median mortgage
$2,582/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Elizabeth Bay price trend

Median sold · Unit 1 bed

Compound growth +1.2% / yr over 4 yrs

$898kcurrent median

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Price history

Price history

Listing price changes

3 price changes recorded for this property

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Within 5km

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