706/28 Macleay StreetElizabeth Bay NSW 2011
Property Details for 706/28 Macleay St, Elizabeth Bay
706/28 Macleay St, Elizabeth Bay is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 23m2 and floor size of 23m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (May 2026)
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 cafs, 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 History for 706/28 Macleay St, Elizabeth Bay, NSW 2011
- 01 May 2026Listed for Sale For Sale $499,000-$525,000
- 14 Dec 2022Sold for $385,000
- 19 Nov 2020Listed for Sale $395,000
Recent sales nearby
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About Elizabeth Bay 2011
The size of Elizabeth Bay is approximately 0.2 square kilometres. There are 5 parks, covering nearly 10.8% of the total area. The population of Elizabeth Bay in 2016 was 5215 people. By 2021 the population was 4878 showing a population decline of 6.5% 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 2021, 38.20% of the homes in Elizabeth Bay were owner-occupied compared with 36.10% in 2016.
Elizabeth Bay has 4,663 properties. Over the last 5 years, Houses in Elizabeth Bay have seen a 44.14% increase in median value, while Units have seen a -7.74% decrease. As at 30 April 2026:
- The median value for Houses in Elizabeth Bay is $4,922,463 while the median value for Units is $1,030,059.
- Units have a median rent of $690.
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