144 Blues Point RoadMcmahons Point NSW 2060
Property Details for 144 Blues Point Rd, Mcmahons Point
Last Listing description (October 2009)
MUST HAVE RETAIL INVESTMENT
PERFECTLY POSITIONED WITHIN THE HIGHLY SOUGHT AFTER RETAIL STRIP OF BLUES POINT ROAD, THIS IMPRESSIVE FREEHOLD BUILDING OFFERS THE ASTUTE INVESTOR A RARE OPPORTUNITY TO BUY INTO THE TIGHTLY HELD MCMAHONS POINT PROPERTY MARKET. SET OVER TWO LEVELS, THIS CHARMING PROPERTY OFFERS A UNIQUE MIX OF FUNCTIONALITY & CHARACTER AND HAS BEEN LISTED BY NORTH SYDNEY COUNCIL AS AN ITEM OF REGIONAL HERITAGE SIGNIFICANCE. THE BUILDING CONTAINS THREE SEPARATE TENANCIES INCLUDING TWO GROUND FLOOR TENANCIES & A CUSTOM DESIGNED FIRST FLOOR YOGA STUDIO AS WELL AS COMMON FACILITIES INCLUDING TWO BATHROOMS & A SHOWER. BLUES POINT ROAD ENJOYS A VILLAGE LIKE ATMOSPHERE WITH A MULTITUDE OF CAF'S & EATERIES AND IS WITHIN CLOSE PROXIMITY OF NORTH SYDNEY TRAINS, BUSES & AMENITIES AS WELL AS THE MCMAHONS POINT FERRY SERVICE WHICH MAKES THIS AREA EXTREMELY SOUGHT AFTER BY BOTH RETAIL, COMMERCIAL & RESIDENTIAL OCCUPANTS. THERE IS RARELY ANY VACANCY ALONG THIS STRIP AS SUPPLY IS LOW AND DEMAND IS ALWAYS HIGH. 144 BLUES POINT ROAD IS THE PERFECT INVESTMENT DUE TO THE GOOD TENANCY MIX, STRONG LEASES IN PLACE, HIGH DEMAND FROM TENANTS CAUSING CONSTANTLY RISING RENTS AND AN EVER GROWING CAPITAL VALUE, NOT TO MENTION THE SUPERIOR LOCATION. THIS PROPERTY IS A MUST SEE FOR ANYONE LOOKING FOR A LOW RISK INVESTMENT THAT YOU CAN BOAST ABOUT. CURRENT GROSS INCOME: $99,205.85 P.A. ZONING: RESIDENTIAL / NEIGHBOURHOOD BUSINESS D GROSS BUILDING AREA: 209SQM COREY BEAUCHAMP 0400 877 331 JAY SHEFFIELD 0412 964 823
Property History for 144 Blues Point Rd, Mcmahons Point, NSW 2060
- 11 Aug 2009Sold for $1,710,000
- 27 Jun 2009Listed for Sale Not Disclosed
- 25 Nov 2003Sold for $1,750,000
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0About Mcmahons Point 2060
The size of Mcmahons Point is approximately 0.4 square kilometres. There are 9 parks, covering nearly 12.5% of the 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 1,799 properties. Over the last 5 years, Houses in Mcmahons Point have seen a -8.12% decrease in median value, while Units have seen a -15.99% decrease. As at 31 July 2026:
- The median value for Houses in Mcmahons Point is $3,711,624 while the median value for Units is $1,225,795.
- Houses have a median rent of $1,530 while Units have a median rent of $800.
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