26 Mackenzie Street, Leichhardt NSW 2040
26 Mackenzie Street, Leichhardt NSW 2040
Warehouse conversion on 252m² | Park-side position | 3-bed, 1-bath layout | DA-approved redesign | Niche creative appeal
This property stands out in Leichhardt because it offers something most houses in the suburb cannot: genuine warehouse character with a DA-approved architectural conversion by Welsh + Major. The double-height internal volume, exposed steel beams, and concrete floors create a sense of space that typical terraces or cottages on similar land simply do not have. The north-facing windows in the approved redesign bring in sunlight and park views, which softens the industrial edge and makes it feel like a designed home rather than a raw shell. It sits directly beside 36th Battalion Park, giving it a green outlook and a quieter street presence than much of the surrounding area. This is a property for buyers who value distinctiveness over convention—likely couples, creative professionals, or design-focused households who want an inner-west address with a live/work feel and are comfortable with a less traditional layout.
The single bathroom and the unconventional floor plan may limit its appeal to families or buyers seeking a turnkey home, and the warehouse conversion history means maintenance and compliance considerations could be more involved than with a standard house. The 2023 sale at $2.2 million provides a recent reference point, but the market for this type of property is narrower, so price movement may depend heavily on how well the conversion is executed and how much the park-side position and architectural pedigree resonate with a specific buyer. The approved works, valued at $630,000, suggest the current configuration is already realised, but a buyer might factor in the cost of any further customisation or upgrades to suit their own needs.
|| Comparable Sales: 26 Mackenzie Street sold for $2.2M in March 2023 | Property Price Band: $2.2M–$2.3M | Value Drivers: Architectural conversion quality, park-side location, warehouse character and volume
Detailed Independent Property Report prepared by PropCred Analyst team for 26 Mackenzie Street, Leichhardt NSW 2040
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
Leichhardt is a vibrant, well-established inner-west suburb with strong transport links and high owner-occupier appeal. Demand is driven by families seeking renovated character homes and first-home buyers, creating robust competition. House prices have demonstrated significant recent strength, while the unit market presents a more nuanced picture. Future growth is anchored in its enduring lifestyle and amenity, though high entry prices present a key affordability constraint.
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PropCred Estimated Value
Comparable Sales: 26 Mackenzie Street sold for $2.2M in March 2023 | Property Price Band: $2.2M–$2.3M | Value Drivers: Architectural conversion quality, park-side location, warehouse character and volume
Bedrooms
3
Bathroom
1
Parking
2
Land
252m²
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