111A Union StreetMcmahons Point NSW 2060
Property Details for 111a Union St, Mcmahons Point
Last Listing description (April 2023)
111a Union Street, a rare opportunity to acquire a fully leased freehold investment located in the centre of McMahons Point.
The building is stunning, with recent renovations and upgraded tenancy. Originally a factory and warehouse, the space is unique and has a high-level sawtooth roof with exposed metal trusses and column free space on the upper level, and further open place work space below.
Two separate street frontages provide access to the secure underground carpark and provide exclusive access for the buildings occupants.
Key property features:
NLA of 709.8sqm
Site area of 642.7sqm
8 car spaces
Harbour Bridge and CBD views
Potential for residential conversion (subject to council approval)
Recently upgraded air-conditioning system
New 5-year lease for top floor tenancy
Dual entrances from Holt and Union Street
Fully leased net income of approx. $460,000 p.a. + GST
Close proximity to North Sydney CBD and McMahons Point Village
The property is being sold by way of expressions of interest closing 3th November. Should you want any further information on the property, please contact:
Chris Hartigan 0410 304 496
Jacob Broxom 0422 194 532
Property History for 111a Union St, Mcmahons Point, NSW 2060
- 07 Oct 2022Listed for Sale For Sale by Expressions of Interest
- 22 Apr 2021Listed for Rent - Price not available
- 28 Nov 2019Listed for Rent - Price not available
Recent sales nearby
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0About Mcmahons Point 2060
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 2016 was 2278 people. By 2021 the population was 2315 showing a population growth of 1.6% 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 2021, 45.80% of the homes in Mcmahons Point were owner-occupied compared with 45.70% in 2016.
Mcmahons Point has 1,798 properties. Over the last 5 years, Houses in Mcmahons Point have seen a 12.10% increase in median value, while Units have seen a 17.86% increase. As at 31 January 2026:
- The median value for Houses in Mcmahons Point is $4,021,990 while the median value for Units is $1,447,107.
- Houses have a median rent of $995 while Units have a median rent of $795.
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