25 Macpherson Street, Waverley, NSW 2024 | BlockOfUnits for sale | OnTheHouse
 
FOR SALE
Contact Agent

25 Macpherson Street
Waverley NSW 2024

Bedrooms: 15
Bathrooms: 15
Car spaces: -
Land area: 893m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

One of the Eastern Beaches' Rarest Offerings - Entire Bronte-Border Block. The chance to manufacture scarce, brand-new beachside apartments or hold.

Opportunities like this are measured in decades, not years. An entire full-brick block of 15 oversized 1-bedroom apartments, each with a sunroom (approx 51-53m² each), in the blue-ribbon pocket where Waverley meets the Bronte border. A location that can't be replicated. Building approx 1046m2 and Land Approx 893m2. Zoned R3.
The eastern beaches are geographically finite and famously tightly held. Whole blocks this close to the sand are rarely offered and seldom recur - when they do. This can be the stock the area simply can't supply. Everyone wants to live in this location and it will continue to be the most sought-after pocket of Australia.
This area is essentially built out. Brand-new, individually titled apartments drip onto the market here - and yet local demand for them is relentless, particularly from downsizers who want to stay in the neighbourhood they love but can't find modern, high-end, low-maintenance stock to buy. That gap is the opportunity.
Strata, reposition & sell down. With generously proportioned apartments to work with, there is genuine scope (STCA) to reconfigure and elevate each residence into a luxury 1-bedroom-plus-study or 2-bedroom apartment, introduce private decks for relaxed indoor-outdoor coastal living, and strata-title each for individual sale. Add a lift. The result: scarce, brand-new beachside apartments released into a premium owner-occupier market that has almost nowhere else to go.
Individually titled luxury apartments offered to this market are often keenly sought after, with real potential to add value through a considered repositioning and staged sell-down (subject to market conditions, costs and approvals).
Hold the block intact for stable, low-vacancy beachside income, there is scope for substantial rental increases. Renovate and elevate the rents to the top tier. This area can sustain high rent prices and with rental stock diminishing, rents will likely continue to climb.
Irreplaceable position, scarce by every measure, and multiple paths to value. Blocks like this define a beachside portfolio for a generation.
Disclaimer: All information has been gathered from sources we believe to be reliable; however, we cannot guarantee its accuracy and interested persons should rely on their own enquiries. All measurements and areas are approximate. Any reference to reconfiguration, decks, strata subdivision or development is subject to council and relevant authority approval (STCA) and is not a representation that any approval will be granted. Nothing in this advertisement constitutes financial, taxation or legal advice.
OPEN THURSDAY 11.15 -11.45 AM AND BY APPOINTMENT.
IN CONJUNCTION WITH CHRISTIE'S INTERNATIONAL AND HIGHLAND DOUBLE BAY.
See More

Property Details for 25 Macpherson St, Waverley

25 Macpherson St, Waverley is a 15 bedroom, 15 bathroom BlockOfUnits. The property has a land size of 893m2. The place is currently for sale with Christie's International Real Estate NSW.

Building Type
BlockOfUnits
Land Size
893m2
Commute Calculator

About Waverley 2024

The size of Waverley is approximately 0.6 square kilometres. There are 9 parks, covering nearly 6.1% of the total area. The population of Waverley in 2016 was 4346 people. By 2021 the population was 4216 showing a population decline of 3.0% in the area during that time. The predominant age group in Waverley is 30-39 years. Households in Waverley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Waverley work in a professional occupation.In 2021, 51.90% of the homes in Waverley were owner-occupied compared with 49.70% in 2016.

Waverley has 2,282 properties. Over the last 5 years, Houses in Waverley have seen a 1.53% increase in median value, while Units have seen a 12.30% increase. As at 31 July 2026:

  • The median value for Houses in Waverley is $3,884,924 while the median value for Units is $1,470,271.
  • Houses have a median rent of $1,875 while Units have a median rent of $905.
There are currently 9 properties listed for sale, and 8 properties listed for rent in Waverley on OnTheHouse. According to Cotality's data, 77 properties were sold in the past 12 months in Waverley.

Waverley Profile Page

Suburb Insights for Waverley 2024

Visit Waverley profile page
Market Insights
Waverley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Waverley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Waverley profile page
Contact agent
agent headshot
Charlotte Peterswald
Show contact details
Call agent
Christie's International Real Estate NSW
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED