89 Macleay Street, Potts Point, NSW 2011 | Property Value & History | OnTheHouse
OFF MARKET

89 Macleay Street
Potts Point NSW 2011

Bedrooms: 12
Bathrooms: 12
Car spaces: 1
Floor area: 71m2
Land area: 464m2
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Property Details for 89 Macleay St, Potts Point

89 Macleay St, Potts Point is a 12 bedroom, 12 bathroom Unit with 1 parking spaces and was built in 1938. The property has a land size of 464m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
1938
Floor Size
71m2
Land Size
464m2
Local Government
Sydney
Lot/Plan
10/DP581282

Last Listing description (September 2025)

Introducing a rare opportunity at 89 Macleay Street, Potts Point, where prime location meets untapped potential. Positioned near the intersection of Macleay Street and Greenknowe Ave, this extraordinary property holds the key to unlocking unparalleled development potential (STCA) in the heart of this vibrant area. A chance to seize the moment and leave an indelible mark on the evolving landscape of Potts Point and Kings Cross, this once-in-a-lifetime opportunity awaits.

Boasting a coveted address, this site presents the canvas for a potential 6-storey masterpiece (STCA), offering the promise of captivating city and Harbour Bridge views from its upper levels. A transformation of this magnitude promises to create something truly exceptional in this sought-after neighbourhood.

Set within the City of Sydney Local Government Area, this 464sqm (approx.) block is conveniently located just minutes from Kings Cross trains and the harbour foreshore. Positioned on the western side of Macleay Street between Hughes Street & Manning Street, it seamlessly integrates into a tapestry of existing commercial enterprises, boutique retail outlets, diverse dining options, and residential havens.

Underpinned by an MU1 Mixed Use Zone zoning, the potential here is boundless. Encouraging a vibrant mix of business ventures, retail endeavours, the canvas is yours to craft. The 6-storey height potential (as per Sydney DCP 2012) and a generous floor space ratio of 2.5:1 (approx. 1,160sqm) provide the framework for your aspirations.

Exuding the charm of the Potts Point Heritage Conservation Area but not heritage listed, the site offers the scope for the preservation of significant facade features to honour its contribution to the locale's character. With Macleay Street designated as a 'Local Centre Area,' the potential for lively trading hours until 2am internally and 10pm externally beckons.

Seize the opportunity at 89 Macleay Street where potential meets location in an incredible connection. A prospect to shape the future of the local neighbourhood with visionary design and entrepreneurial spirit, this is a chance to redefine urban living in a locale that thrives on evolution.

Property History for 89 Macleay St, Potts Point, NSW 2011

A timeline of how this property has performed in the market
Last Sold
$10,550,000
18 Dec 2024
Listed for Rent
$385/w
03 Feb 2021
  • 18 Dec 2024
    Sold for $10,550,000
  • 28 Aug 2023
    Listed for Sale Not Disclosed
  • 14 Dec 2020
    Listed for Rent $385 / week
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About Potts Point 2011

The size of Potts Point is approximately 0.6 square kilometres. It has 3 parks covering nearly 2.5% of total area. The population of Potts Point in 2016 was 9423 people. By 2021 the population was 7183 showing a population decline of 23.8% in the area during that time. The predominant age group in Potts Point is 30-39 years. Households in Potts Point are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Potts Point work in a professional occupation.In 2021, 33.20% of the homes in Potts Point were owner-occupied compared with 31.30% in 2016.

Potts Point has 7,231 properties. Over the last 5 years, Houses in Potts Point have seen a 32.64% increase in median value, while Units have seen a 8.39% increase. As at 30 November 2025:

  • The median value for Houses in Potts Point is $2,872,130 while the median value for Units is $1,061,408.
  • Houses have a median rent of $678 while Units have a median rent of $695.
There are currently 16 properties listed for sale, and 41 properties listed for rent in Potts point on OnTheHouse. According to Cotality's data, 376 properties were sold in the past 12 months in Potts point.

Suburb Insights for Potts Point 2011

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.