PHOTO: 87-93 Macleay St and 10-12 Hughes St

A Potts Point site that’s hit the market with a $100 million price guide is being billed as the decade’s most exciting development opportunity.

And there’s little doubt that a luxury apartment block targeting downsizers will soon rise on the 2170 sqm block occupying 87-93 Macleay St and 10-12 Hughes St.

Apartments could offer stunning uninterrupted views to the Harbour Bridge, Opera House and city skyline.

“It’s mixed use, so it’s pretty flexible, but I would imagine best use would be luxury residential like Pomeroy, Dorchester, Villard, and 10 Wylde Street,” Michael Khouri of JLL told the Wentworth Courier.

“I think a new luxury apartment development there will be very well received because a lot of downsizers are looking for an apartment in Potts Point.

“There’s a lot of demand but not a lot of supply.

87-93 Macleay Street & 10-12 Hughes Street Potts Point NSW 2011 - Image 1