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Wiktionary
magic point

n. (context gaming English) An indicator of how much magical energy or power a character has in a role-playing game. Abbreviated MP.

Wikipedia
Magic Point

Magic Point is a coastal headland in Maroubra, Sydney, New South Wales, Australia. It is about 10 km south of Sydney’s central business district. It is a rugged heathland area with cliffs overlooking the ocean.

Magic Point is well known as a location for watching seabirds. It is also a popular diving site and is important for the protection of Grey Nurse Sharks.