127 Blues Point Road, McMahons Point, NSW 2060

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Terrace
Type
4
Bedrooms
3
Bathrooms

Published on Friday, October 09, 2026 ( See property details for 127 Blues Point Road, McMahons Point, NSW 2060)

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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile mixed-use property in McMahons Point offering retail, office, and development potential in a prime harbour-side location.

🏡 Property Highlights

  • Prime retail space with long-standing tenant and potential residential conversion (STCA).
  • Strategically located in the heart of McMahons Point's vibrant shopping and restaurant strip.
  • Potential net income of $140,000 p.a. when fully leased, currently generating $92,450 p.a.
  • Off street parking for two cars accessed off Wellington Lane.
  • Positioned just 300 metres from Sydney Harbour and 650 metres from North Sydney Station.
  • Opportunity to convert Level 1 office into an apartment with zoning for Shoptop housing.

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage / Secure Parking
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Fully fenced

McMahons Point is one of Sydney's most sought-after suburbs, renowned for its stunning harbour views, vibrant restaurant scene, and excellent connectivity. It offers a high quality of life with easy access to North Sydney and the Sydney CBD. The area boasts a strong community atmosphere, historic charm, and a thriving local economy. Its proximity to major transport links and the water’s edge makes it ideal for both living and investment. McMahons Point consistently ranks among Sydney’s top suburbs for livability and lifestyle appeal.

What are the current lease terms and conditions for the retail space?
The ground floor retail space is currently leased with a recent 5 x 5 year lease renewal, providing long-term income stability.
Is there potential to convert the office space into a residential apartment?
Yes, the Level 1 office space has zoning for Shoptop housing (E1 Local Centre), and conversion into an apartment is subject to STCA approval.
What are the parking arrangements for the property?
The property includes off-street parking for two cars accessed via Wellington Lane.
What is the estimated full potential income if the property is fully leased?
The estimated net income when fully leased is approximately $140,000 per annum.
How close is the property to public transport and amenities?
The property is only 650 metres from North Sydney Train Station and 300 metres from Sydney Harbour, with nearby restaurants and shops in McMahons Point.
Are there any zoning restrictions or planning overlays that could affect future development or modifications? What are the current council rates, land taxes, and other ongoing costs? Are there any easements, covenants, or restrictions on the property? Has the property been inspected for structural issues or pest infestations? Are there any upcoming planning or construction projects in the vicinity that could impact the property’s value or enjoyment?

127 Blues Point Road, McMahons Point, NSW 2060 - More Details

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Positioned in the Village heart of McMahons Point shopping strip is this quaint freehold terrace, with current income from a long standing tenant on the ground floor and potential Residential conversion for the upstairs space (STCA).

• Ground floor boasts 87sqm of prime retail space, currently tenanted with a recent 5 x 5 year Lease renewal
• Level 1 is a sun drenched office providing an NLA of 88 sqm (currently vacant) seeking $65,000 p.a. + outgoings (+GST)
• Level 1 has the opportunity to be converted into an apartment with a zoning of E1 Local Centre, Shoptop housing permissible (STCA)
• An estimated potential net income of $140,000 p.a. when fully leased - Currently receipting $92,450 p.a (+ GST)
• Off street parking for 2 cars accessed off Wellington Lane
• Positioned in the heart of the renowned restaurant strip of Blues Point Road
• McMahons Point recently voted in the top 3 of Sydney's most liveable Suburbs

FOR LEASE: 88 sqm First floor Office with an ideal streetscape outlook and Harbour bridge glimpses to the rear. Asking $65,000 p.a. (+ GST) + 50% share of outgoings

Positioned in one of Sydney's most prestigious and sought after harbour suburbs with North Sydney Train Station only minutes walk (650m)* and the water's edge of Sydney Harbour only 300 metres away*. It's easy to say that this is one of Sydney's most prime positioned properties.

For Sale: Expressions of Interest
Closing: 3pm (AEDT) Thursday, 5th November 2026
Inspect: Scheduled appointments, call agent to register your inspection.

To arrange your private inspection, call or email Anthony Bray
Type
Terrace
Bedrooms
4
Bathrooms
3

Map & nearby places — 127 Blues Point Road, McMahons Point, NSW 2060

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