87 Macleay Street,
Potts Point, NSW 2011
Hotel, Motel & Leisure
Key property information
Land area
Floor area
Sold on
Colliers - Sydney
Level 30, Grosvenor Place, 225 George StreetSYDNEY, NSW 2000
87 Macleay Street
Potts Point, NSW 2011
Map of 87 Macleay Street
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
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
Potts Point, 2011 demographic data
7,183
Population
$2,054 per week
Median household income
37 years
Median age
Renters
Most residents
Singles
Most households
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
More properties from Colliers - Sydney
Other properties you might be interested in based on the location and property type you are looking at.
Contact Agent
73-75 Bayswater Road,Potts Point, NSW 2011 161 m²Shops & Retail • Hotel, Motel & Leisure • Other
Contact Agent
Address available on request,Haymarket, NSW 2000 5696 m²Development Sites & Land • Hotel, Motel & Leisure