Back 207/40 Macleay St
Off Market

207/40 Macleay St

Elizabeth Bay NSW 2011

1
1
Apartment
Last sold for $515,000
Nick ThompsonNick Thompson, last sold this property on 21 August 2016 after 38 days on market.

Overview

Superior Studio Apartment with Huge Sunny Terrace

The ultimate pied-a-terre in the heart of vibrant Potts Point, this exceptional studio apartment has designer interiors and a huge 26sqm outdoor terrace overlooking the buzzy scene of fashionable Macleay Street. A terrific choice for owner-occupiers or investors, its 20sqm interiors feature a well-equipped kitchen, bathroom, plantation shutters, built-in storage and polished timber floors. Filled with natural light, the interior flows onto the vast sun terrace suited to alfresco living/dining and outdoor entertaining. Ideally positioned on the 2nd level of ’40 Macleay Street’, a well-managed security building with refurbished entrance lobby, residents’ laundry and part-time caretaker, the property is leased at $500 per week until December 2016. Converted to strata-title apartments in 1997, the circa 1961 building formerly operated as the Sheraton Marquee Hotel where The Beatles stayed during their 1964 tour. Don’t miss this opportunity to secure the perfect city pad with buses, boutiques, cafes and world-class restaurants at the doorstep. Features include: • Excellent location in the heart of cosmopolitan Potts Point • Designer 20 sqm interior + 26 sqm terrace for alfresco living • Light-filled interior with built-in cabinetry & plantation shutters • Well equipped modern open-plan kitchen; neat bathroom • Currently leased at $500 per week until December 2016 • Ideal 2nd level position in well-maintained security building • Refurbished lobby, residents’ laundry, part-time caretaker • Footsteps to world-class restaurants including Billy Kwong, Monopole, The Apollo, Cho Cho San, Fratelli Paradiso, Fei Jai • Buses at door, short stroll to trains & weekend Farmers Market Strata Levies: $ 979.69 Inc GST (Admin $587.81 + Sinking $391.88) per qtr Water Rates: $168.41 qtr Council Rates: $243.40 qtr

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Elizabeth Bay over the last 12 months, the estimated median property value of 207/40 Macleay St is $915k.

Median value
$915k
Estimated value range
$497k - $1.75m
Median days on market
28
Estimated value trend
3%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Elizabeth Bay. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 207/40 Macleay St

2021
Rented
Undisclosed
Leased on 08 Dec 2021 by Ray White Touma Taylor | Elizabeth Bay
2020
Rented
Undisclosed
Leased on 12 Aug 2020 by Ray White Touma Taylor | Elizabeth Bay
2020
Rented
Undisclosed
Leased on 12 Aug 2020 by Ray White Touma Taylor | Elizabeth Bay

Happy sellers in Elizabeth Bay

73%
73% of sellers in Elizabeth Bay reported that their sale price either exceeded or met their price expectations.

Elizabeth Bay stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in Elizabeth Bay over the last 12 months.

Local market activity for 1 bedroom apartments in Elizabeth Bay

In the last 12 months, 52 one-bedroom apartments similar to 207/40 Macleay St, have been sold.

This represents a 29% increase in one-bedroom apartments sales when compared to the previous 12 months.

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