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42 Union Street McMahons Point, NSW 2060

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42 Union Street,
McMahons Point, NSW 2060

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Exclusive Lower North Shore Boarding House Opportunity

CBRE is pleased to offer 42 Union Street, McMahons Point to the market.

The property presents a brand new boarding house complex in one of Sydney's most exclusive harbour side suburb.

42 Union Street is being offered for sale via Auction on 11th April 2017 at AuctionWORKS, Mezzanine Level, 50 Margaret Street, Sydney.

The property benefits from the following attributes:

- Meticulously restored building with a variety of potential uses
- Currently configured as a boarding house
- 16 x boarding house rooms
- 2 x basement car spaces
- Potential to convert to 2 x high end boutique apartment (STCA)
- Potential to convert to a single residence (STCA)
- Prized McMahons Point location
- Situated 600m from North Sydney CBD and 4km from Sydney CBD

For more information, please contact the selling agents.

McMahons Point, 2060 demographic data

The median household income for McMahons Point is $2,568, 24% higher than Greater Sydney's household income of $2,077. McMahons Point has an older age profile compared to the rest of Greater Sydney (median age 44 vs 37). Property ownership data shows 32% of property owners in McMahons Point have a mortgage.

2,315
Population
$2,568 per week
Median household income
44 years
Median age
Renters
Most residents
Families
Most households
02 9333 33...
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42 Union Street
McMahons Point, NSW 2060
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

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