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706/28 Macleay Street

Elizabeth Bay, NSW 2011, Australia
$499,000
1 bath

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Area Price Guide
$469,060$528,940

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$950,000
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-47%
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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 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 Optional: 'The Macleay' offers an option to conduct a renovation of the apartment at a cost. If committed the rental yield will generate a strong return of 5.35% which is also guaranteed during the period of the renovation being undertaken. 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 Features

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    Repayment calculator

    $2,419/month
    $1,210 /fortnight
    Loan $399,200 at 6.10% over 30 years

    Upfront costs

    Deposit$99,800
    Stamp duty$14,377
    Conveyancing (est.)$2,000
    Total upfront$116,177
    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.

    Property Details

    Property Type
    studio
    Listing Type
    For Sale
    Bathrooms
    1
    Listed
    Today

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