9/111-117 Mcevoy Street, Alexandria NSW 2015
9/111-117 Mcevoy Street, Alexandria NSW 2015
2 bed 2 bath 1 car | 114 sqm warehouse conversion | strong configuration for Alexandria | generous floorplan for inner-city
This apartment sits in a genuinely competitive position within Alexandriaโs apartment market. The 114 sqm on title is notably generous for a two-bedroom property in this part of the city, offering space that is increasingly rare in newer developments. The warehouse conversion character adds a layer of architectural interest that tends to hold value differently than standard apartment stock, and the two-bathroom, one-car configuration broadens its appeal significantly. It is best suited to owner-occupiers who value volume and character over resort-style amenities, or investors targeting the professional tenant pool that favours this kind of adaptable, well-located floorplan.
The sale of a similar unit in the same building at $1,350,000 in February 2025 provides a meaningful recent benchmark, though differences in internal condition, floor level, or aspect may shift the comparison. The propertyโs value is likely supported by its larger-than-average size and the enduring appeal of warehouse conversions in inner-Sydney, but buyers should weigh the trade-offs of an older building shell, including potential strata levies or limitations on alterations. The absence of confirmed building amenities like a pool or gym may narrow the buyer pool slightly, though for many purchasers the space and location will outweigh that.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 9/111-117 Mcevoy Street, Alexandria NSW 2015
Market Insight:
Alexandria is a suburb in transition, positioned as a central hub within the broader inner-south precinct undergoing significant urban renewal. Demand is driven by homebuyers seeking proximity to the city and investors attracted to steady rental returns. Recent price trends indicate a market currently below its long-term trajectory, with conditions reflecting a more measured growth phase. Future performance will be influenced by ongoing infrastructure development and broader economic factors, presenting both opportunity and sensitivity to market cycles.