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23-27 Macmahon St 968 - 1,937 SF Office/Medical Condo Units Offered at $733,323 - $1,075,540 CAD Per Unit in Hurstville, NSW 2220



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
| Sale Type | Investment | No. Parking Spaces | 2 |
| Cap Rate | 5.20% |
| Sale Type | Investment |
| Cap Rate | 5.20% |
| No. Parking Spaces | 2 |
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.
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.
| Sale Type | Investment or Owner User | No. Parking Spaces | 4 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 4 |
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.
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 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.<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
| Total Building Size | 195,839 SF | Floors | 14 |
| Property Type | Multifamily | Typical Floor Size | 8,622 SF |
| Property Subtype | Apartment | Year Built | 2000 |
| Building Class | B | Lot Size | 0.66 AC |
| 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 |
Presented by
United Commercial
23-27 Macmahon St
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