Sydney, March 2026 - Colliers, alongside Raine & Horne, has launched 23-25 East Crescent Street, McMahons Point to market; an extremely rare Sydney Harbourside development opportunity expected to attract both domestic and international interest.
Boasting unrivalled panoramic vistas of the Sydney Harbour Bridge, Opera House, Luna Park and the CBD skyline, the 1,583 sqm absolute waterfront offering represents a once-in-a-generation proposition to secure a premier piece of Sydney’s blue-ribbon real estate.
The R4 High Density Residential site captures uninterrupted harbour views with direct sightlines to the Sydney Harbour Bridge, Opera House, Luna Park and the CBD skyline. Its east-facing aspect, 18m frontage and proximity to McMahons Point village and transport links position it as a highly strategic development site within an extremely land-constrained market.
The collective in-one-line sale of 22 amalgamated units is being managed by Colliers agents Tom Appleby and Guillaume Volz, alongside Adrian Bridges of Raine & Horne, with an indicative guide of $25,000 to $30,000 per square metre of developable Gross Floor Area.
“Sydney Harbour development opportunities of this stature are very rarely offered for sale. Given the world class positioning, we anticipate strong engagement from local, interstate and offshore groups. Various indicative schemes demonstrate a range of future high-end residential possibilities,” noted Tom Appleby, Colliers Head of Sydney North Sales.
Adrian Bridges, Director Raine & Horne added, “Fecano is one of the Lower North Shore’s most iconic harbourfront sites, positioned in a tightly held peninsula market. Recent apartment sales rates achieved ranging between $85,000–$95,000 per sqm for a 1985-build in the neighbouring ‘Anchorage’ building, as well as circa $120,000 per sqm being achieved off-the-plan nearby in Kirribilli, demonstrate the extraordinary upside to be realised here.”
Located approximately three kilometres from the Sydney CBD, McMahons Point remains one of the harbour’s most exclusive residential enclaves supported by a high-income demographic, strong downsizer and owner-occupier demand and limited future supply. The property sits within walking distance of Blues Point Road’s retail and dining precinct, as well as ferry, bus and rail connections.
23-25 East Crescent Street, McMahons Point is being offered for sale via International Expressions of Interest closing at 3pm (AEST) on Thursday, 23 April 2026.
The campaign follows a series of recent amalgamation sales managed by Colliers across Mosman, Crows Nest, Greenwich, Chatswood and Cremorne, highlighting ongoing demand for premium residential development opportunities across Sydney’s Lower North Shore.
