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Investment Highlights

  • Secure undercover basement parking
  • Suites suitable for professional and commercial office use
  • Walking distance to Hurstville Station
  • Lift access from basement car park

Executive Summary

23–27 MacMahon Street is a residential building located in Hurstville, NSW containing commercial space located on ground and level 1 of the building. The property provides pedestrian access from both MacMahon Street and Woodville Street, with lift access from the basement car park to upper levels. The building is within walking distance of Hurstville Station and Westfield Hurstville, offering convenient access to public transport, retail and local services. Basement parking is available, with secure undercover car spaces allocated to individual suites. The property accommodates professional and commercial office uses and supports both owner-occupier and investment occupancy.

2 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit 61
  • 968 SF
  • Office/Medical
  • $733,323 CAD ($757.56 CAD/SF)
  • $38,132.78 CAD
Sale Type Investment
Cap Rate 5.20%
No. Parking Spaces 2
Description
Shop 61 comprises a ground floor commercial suite within MacMahon Plaza, configured for medical or consulting use. The tenancy is partitioned into multiple consulting rooms, supported by a reception and waiting area. The layout also includes a kitchen area and an internal bathroom, with access to additional shared amenities within the building.

The suite is fitted with independent air conditioning and is designed to support ongoing medical or office operations. Two basement car spaces are allocated on title, providing on site parking for occupants or clients. The configuration supports continued use in its current form or reorganisation to suit alternative professional uses.
Sale Notes
Shop 61 is offered for sale as a leased commercial holding within the Hurstville commercial precinct. The tenancy is currently occupied by a long established medical practice, with the lease in place until 31 August 2028, providing an ongoing income stream.

The investment is reported to return approximately 5.2 percent on a net basis. The tenancy benefits from an established fitout and layout suited to medical use, combined with a prominent ground floor position within MacMahon Plaza. The inclusion of two basement car spaces on title supports tenant and client access.
  • Unit 1
  • 1,937 SF
  • Office/Medical
  • $1,075,540 CAD ($555.26 CAD/SF)
  • -
Sale Type Investment or Owner User
No. Parking Spaces 4
Description
This first-floor office suite comprises approximately 180 m² of commercial office accommodation combining 2 suites together within a centrally located building in Hurstville. The space is configured primarily as an open-plan layout and includes air conditioning and existing office partitioning. Office furniture may be included if required.
The suite is accessible via pedestrian entry from both MacMahon Street and Woodville Street, with lift access provided from the basement car park. The property includes four (4) undercover secure car spaces. The office is within walking distance of Hurstville Station and Westfield Hurstville, providing convenient access to public transport and local amenities.
Sale Notes
The property is offered for sale at $1,100,000 including GST and is suitable for either owner occupation or leasing as an investment, includes 4 car spaces.
The office configuration supports a range of professional and commercial uses, including accounting, legal, medical, corporate office or training purposes. The flexible floor plan allows for adaptation to tenant or occupier requirements.
Unit Unit Size Condo Use Price NOI
Unit 61 968 SF Office/Medical $733,323 CAD ($757.56 CAD/SF) $38,132.78 CAD
Unit 1 1,937 SF Office/Medical $1,075,540 CAD ($555.26 CAD/SF) -

Unit 61

Unit Size
968 SF
Condo Use
Office/Medical
Price
$733,323 CAD ($757.56 CAD/SF)
NOI
$38,132.78 CAD

Unit 1

Unit Size
1,937 SF
Condo Use
Office/Medical
Price
$1,075,540 CAD ($555.26 CAD/SF)
NOI
-

Unit 61

Unit Size 968 SF
Condo Use Office/Medical
Price $733,323 CAD ($757.56 CAD/SF)
NOI $38,132.78 CAD
Sale Type Investment
Cap Rate 5.20%
No. Parking Spaces 2
Description
Shop 61 comprises a ground floor commercial suite within MacMahon Plaza, configured for medical or consulting use. The tenancy is partitioned into multiple consulting rooms, supported by a reception and waiting area. The layout also includes a kitchen area and an internal bathroom, with access to additional shared amenities within the building.<br> <br> The suite is fitted with independent air conditioning and is designed to support ongoing medical or office operations. Two basement car spaces are allocated on title, providing on site parking for occupants or clients. The configuration supports continued use in its current form or reorganisation to suit alternative professional uses.</li></ul>
Sale Notes
Shop 61 is offered for sale as a leased commercial holding within the Hurstville commercial precinct. The tenancy is currently occupied by a long established medical practice, with the lease in place until 31 August 2028, providing an ongoing income stream.<br> <br> The investment is reported to return approximately 5.2 percent on a net basis. The tenancy benefits from an established fitout and layout suited to medical use, combined with a prominent ground floor position within MacMahon Plaza. The inclusion of two basement car spaces on title supports tenant and client access.</li></ul>

Unit 1

Unit Size 1,937 SF
Condo Use Office/Medical
Price $1,075,540 CAD ($555.26 CAD/SF)
NOI -
Sale Type Investment or Owner User
No. Parking Spaces 4
Description
This first-floor office suite comprises approximately 180 m&#178; of commercial office accommodation combining 2 suites together within a centrally located building in Hurstville. The space is configured primarily as an open-plan layout and includes air conditioning and existing office partitioning. Office furniture may be included if required.<br> The suite is accessible via pedestrian entry from both MacMahon Street and Woodville Street, with lift access provided from the basement car park. The property includes four (4) undercover secure car spaces. The office is within walking distance of Hurstville Station and Westfield Hurstville, providing convenient access to public transport and local amenities.</li></ul>
Sale Notes
The property is offered for sale at $1,100,000 including GST and is suitable for either owner occupation or leasing as an investment, includes 4 car spaces.<br> The office configuration supports a range of professional and commercial uses, including accounting, legal, medical, corporate office or training purposes. The flexible floor plan allows for adaptation to tenant or occupier requirements.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 195,839 SF
Property Type Multifamily
Property Subtype Apartment
Building Class B
Floors 14
Typical Floor Size 8,622 SF
Year Built 2000
Lot Size 0.66 AC
  • Listing ID: 39469074

  • Date on Market: 2026-02-17

  • Last Updated:

  • Address: 23-27 Macmahon St, Hurstville, NSW 2220

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