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87 Macleay Street, Potts Point, NSW 2011

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87 Macleay Street, Potts Point, NSW 2011

Potts Point

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87 Macleay Street, Potts Point, NSW 2011

Potts Point

SOLD
87 Macleay Street, Potts Point, NSW 2011

87 Macleay Street, Potts Point, NSW 2011

Properties / Sold / New South Wales / Potts Point
Development Potential
Property Type
Residential, Commercial, Mixed Use
Sub Type
Hotel Sites, Retail/Shopping Centre
Land Area
463.80 m² (*approx)
Selling Method
Auction: Contact Agent
Auction Date
9 Dec 2025 10:30AM
Show All
Income with Development Upside
  • $390,000+ income
  • MU1 Mixed Use Zoning
  • 2.5:1 FSR, 22m Height

Colliers & Metro Commercial are pleased to offer 87 Macleay Street to the market for sale by way of Public Auction on Tuesday, 9 December 2025 at 10:30am.

Commanding a prime position on Macleay Street, this substantial freehold property offers income, repositioning potential and development upside. With flexible zoning and scope for future redevelopment (STCA), this is a strategic acquisition in one of Sydney’s most tightly held and culturally rich precincts. Properties of this calibre, with deep family ownership spanning over 40 years, are seldom offered to market.

Key investment highlights include:

- Substantial 463.8m² site with generous 12m x 38m dimensions

- 490m² building comprising three retail tenancies and a 58-bed backpacker hostel

- MU1 Mixed Use zoning

- Robust 2.5:1 FSR and 22m height limit

- Fully leased to 3 x shops and a backpacker hostel

- Returns $390,000 + GST per annum gross

- Versatile development pathways including hotel, co-living, or mixed-use residential (STCA) supported by strong demand fundamentals

- There is scope to exceed current planning controls (STCA), supported by precedents set by neighbouring developments and recent HDA / SSD applications within the immediate vicinity

- Situated in the vibrant and evolving Potts Point precinct known as a high-demand inner-city suburb experiencing strong gentrification and lifestyle-driven growth

For more information don’t hesitate to contact the listing agents.

*Approximately

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

87 Macleay Street Development Site Summary

Property Type
Residential, Commercial, Mixed Use
Sub-type
Hotel Sites, Retail/Shopping Centre
Land Area
463.80 m² (*approx)
Selling method
Auction: Contact Agent
Auction Date
9 Dec 2025 10:30AM

Development Site Highlights

Income with Development Upside
  • $390,000+ income
  • MU1 Mixed Use Zoning
  • 2.5:1 FSR, 22m Height

Colliers & Metro Commercial are pleased to offer 87 Macleay Street to the market for sale by way of Public Auction on Tuesday, 9 December 2025 at 10:30am.

Commanding a prime position on Macleay Street, this substantial freehold property offers income, repositioning potential and development upside. With flexible zoning and scope for future redevelopment (STCA), this is a strategic acquisition in one of Sydney’s most tightly held and culturally rich precincts. Properties of this calibre, with deep family ownership spanning over 40 years, are seldom offered to market.

Key investment highlights include:

- Substantial 463.8m² site with generous 12m x 38m dimensions

- 490m² building comprising three retail tenancies and a 58-bed backpacker hostel

- MU1 Mixed Use zoning

- Robust 2.5:1 FSR and 22m height limit

- Fully leased to 3 x shops and a backpacker hostel

- Returns $390,000 + GST per annum gross

- Versatile development pathways including hotel, co-living, or mixed-use residential (STCA) supported by strong demand fundamentals

- There is scope to exceed current planning controls (STCA), supported by precedents set by neighbouring developments and recent HDA / SSD applications within the immediate vicinity

- Situated in the vibrant and evolving Potts Point precinct known as a high-demand inner-city suburb experiencing strong gentrification and lifestyle-driven growth

For more information don’t hesitate to contact the listing agents.

*Approximately

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

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87 Macleay Street, Potts Point, NSW 2011

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Property Location of 87 Macleay Street, Potts Point, NSW 2011

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87 Macleay Street, Potts Point, NSW 2011 Potts Point