25 MacPherson Street, Waverley, NSW 2024

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Block Of Units
Type
15
Bedrooms
15
Bathrooms
893 m²
Area

Last updated on Sunday, June 07, 2026 ( See property details for 25 MacPherson Street, Waverley, NSW 2024)

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

A rare investment opportunity in Sydney's vibrant Eastern Suburbs offering a 15-unit brick block with redevelopment potential and coastal lifestyle appeal.

🏡 Property Highlights

  • Prime location in Sydney's highly sought-after Eastern Suburbs, near beaches and vibrant cafes.
  • Substantial 15-unit brick apartment block with potential for redevelopment or upgrades.
  • Close proximity to iconic beaches like Bronte, Clovelly, and Coogee, offering coastal lifestyle appeal.
  • Excellent rental demand with low vacancy rates and high market growth potential.
  • Opportunity to create luxury 1-bedroom + study apartments or redesign into 2-bedroom units (STCA).
  • Water views available from some apartments, enhancing property appeal.

✨ Key Features

  • Waterfront / Views
  • Open-Plan Living
  • Balcony
  • Built-in Robes
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Waverley offers a vibrant coastal lifestyle with easy access to iconic beaches, trendy cafes, boutique shopping, and scenic coastal walks. The area boasts strong property value growth, low vacancy rates, and excellent amenities, making it an ideal location for investors and tenants alike. Proximity to Centennial Park and other recreational spaces enhances the lifestyle appeal, ensuring sustained demand. The neighbourhood combines relaxed beachside living with urban convenience, making it a highly desirable place to invest and reside.

What is the potential for redevelopment or renovation of this property?
The property offers potential to create luxury 1-bedroom + study apartments or redesign into 2-bedroom units (STCA), providing flexibility for investors.
What are the current rental yields and vacancy rates in this area?
The area experiences low vacancy rates year-round, with high rental demand, making it a strong investment for rental income growth.
Are there water views from the apartments?
Yes, some of the apartments offer water views, enhancing their appeal and rental potential.
What amenities are nearby?
The property is within walking distance to cafes, boutique shopping, beaches, parks, and coastal walks, providing a highly desirable lifestyle.
Is there scope for adding value through upgrades?
Yes, the well-maintained brick block is in good condition, with potential for upgrades that could significantly increase rental returns.
Are there any existing planning restrictions or easements affecting the property? What are the potential costs for future upgrades or renovations? Are there any known structural issues or defects with the building? Is the property compliant with all local building codes and regulations? Are there any upcoming developments or planning proposals in the vicinity that could impact the property? What are the strata or body corporate fees and responsibilities? Is the property located in a flood or bushfire-prone area? Are there any noise or nuisance issues from neighboring properties? What are the zoning restrictions for redevelopment or subdivision? Are there any planned infrastructure projects nearby that could affect the property’s value or accessibility?

25 MacPherson Street, Waverley, NSW 2024 - More Details

Contact Agent

Seize the opportunity to own a substantial brick apartment block of 15, in one of Sydney's most in-demand areas, with low rental vacancy rates year round. Located just next to the coveted beachside suburbs of Bronte, Clovelly and Coogee, where real estate prices are soaring. Centennial Park is moments away and this block is set in a bustling, vibrant street, with cafes and loads of amenities within walking distance, in every direction. A golden opportunity for investors to tap into a highly popular market. Create luxury 1 bed + study apartments or redesign to 2 bedrooms STCA.

Set on a block of approximately 893m2. Good sized 1-bedroom apartments, each with a sunroom/study, are brimming with potential for upgrades that could significantly increase rental returns. A well maintained brick block in good condition now, but a few well-placed upgrades could substantially elevate rental returns, matching the high demand for quality apartments in the area. Water views are available from some of the apartments.

The coastal lifestyle is a key draw for renters seeking proximity to the sand, surf, and sun. This location offers unparalleled access to the thriving café scenes of Bronte, Clovelly and Coogee. Your tenants will enjoy trendy eateries, boutique shopping, and relaxed brunch spots just a short stroll away.

The Eastern Suburbs offer access to stunning coastal walks, parks, and world-class amenities, making it a dream for tenants who seek both convenience and leisure. This will always be a blue chip investment, with good capital and rental growth; due to the high rental and buyer demand for the area.

This is a rare chance to invest in the heart of Sydney's Eastern Suburbs, where property values continue to climb, and rental demand shows no sign of slowing.

FOR SALE BY EXPRESSIONS OF INTEREST CLOSING WEDNESDAY 1 JULY 3PM.

IN CONJUNCTION WITH CHRISTIES INTERNATIONAL AND HIGHLAND DOUBLE BAY.

CHARLOTTE PETERSWALD 0407742120
ANTHONY AND TONI RIZZO HIGHLAND DOUBLE BAY 0418 236 999
Type
Block Of Units
Bedrooms
15
Bathrooms
15
Area
893 m²
Study
1

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