7/28 East Crescent Street, Mcmahons Point NSW 2060

7/28 East Crescent Street, Mcmahons Point NSW 2060
Boutique 8-unit block | 2010 built harbourside unit | 3 beds, 2 baths, 2 cars | Quiet rear with level access This property presents a competitively rare configuration within its suburb, merging the low-density appeal of a boutique block with the practical advantages of dual parking and level access-features atypical for harbourside units. Its 159 square metre interior, crafted by a noted design studio, targets owner-occupiers seeking a low-maintenance yet spacious residence in a tightly held locale. The unitΒ’s peaceful rear positioning and shared 888 square metre land parcel offer a sense of exclusivity and space uncommon in unit living, serving professionals or downsizers prioritising design quality and convenience over a standalone house. Decision hinges on the premium commanded for its finish and block size against the inherent strata costs and shared title. The stronger median growth for units versus houses in the suburb signals solid demand, but the lack of recent comparable sales obscures precise valuation. Proceed with a strata report review to confirm building integrity and fee trajectory, as this dictates long-term holding cost. This property is a hold for lifestyle, not for short-term arbitrage.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

McMahon’s Point is a premium harbourside enclave, with its iconic views and proximity to the CBD underpinning strong demand from affluent buyers, particularly couples without children. The market is characterised by robust house price growth, though units form the majority of housing stock. Future performance is supported by its enduring lifestyle appeal and limited supply, yet high entry prices and a market weighted towards apartments present inherent constraints.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

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