25 MacPherson St Apartment Building For Sale Waverley, NSW 2024

This is a rare opportunity to acquire an entire block of 15 generously sized apartments in Sydney’s Eastern Suburbs, offering both immediate income and remarkable long-term growth potential. Perfectly located near Bronte, Clovelly, and Coogee beaches, this asset combines coastal appeal with outstanding investment fundamentals in one of Sydney’s most desirable postcodes.
Each apartment includes a sunroom or study, ideal for tenant flexibility and providing an upgrade path for future value creation. With consistently strong rental demand, low vacancy rates, and a well-maintained brick structure in place, investors are positioned to benefit from reliable cash flow and significant upside opportunities. Potential exists to modernize interiors or pursue configuration changes, subject to council approval, further boosting rental income or resale value.
Tenants are drawn to the area’s exceptional lifestyle: scenic coastal walks, boutique cafés, lush parks including Centennial Park, and easy urban connectivity. Some units enjoy water and district views, adding an additional competitive edge in attracting premium rents. Positioned in a blue-chip growth corridor, this property offers a compelling blend of stability, scalability, and future possibilities in one of Sydney’s most vibrant coastal communities.