Rare Investment Opportunity in Waverley - Art Deco Block of 4

A blue-chip prospect in one of the Eastern Suburbs' most desirable locations, this boutique Art Deco block of four renovated two-bedroom apartments presents an outstanding opportunity for investors and SMSF buyers. Alternatively, it is equally attractive to home and income seekers, with the potential to convert to strata title (STCA).

Set on a level 332sqm block of land, each apartment has been stylishly updated, offering comfortable contemporary living with:

• Two well-proportioned bedrooms

• Renovated interiors with quality finishes

• Spacious living rooms

• Modern gas kitchens plus open plan dining areas

• Large private balconies, perfect for relaxing or entertaining

Positioned in the heart of Waverley, the property enjoys excellent rental potential with strong appeal to professionals, couples, and small families. Just moments to Bondi Junction, Bronte and Bondi Beaches, Centennial Park, and a selection of cafes, shops, and transport links.

The block is fully tenanted with a current annual return of $157,000 with scope for improvement.

Whether you're looking to secure a high-yield investment or explore future potential, this rare offering combines location, lifestyle, and long-term value.

FOR SALE: $5,000,000 - $5,500,000

INSPECT: By Private Appointment

DETAILS: Michael Levy on 0419 177 277

CO AGENT: Metro Commercial - Allan Levy on 0400 999 888

If you are currently not in a position to purchase and need to sell first, I would be more than happy to provide you with a confidential, no obligation market appraisal for your property. Please do not hesitate to call me on 0419 177 277 for a refreshing, personalised approach to selling real estate

Explore the area

School catchments

Waverley College - Waterford Campus Primary Independent 0.14km
Waverley College Secondary 5-12 Independent 0.29km
St Clare's College Secondary 7-12 Catholic 0.31km
St Clare's College - Bronte Road Campus Secondary Catholic 0.33km
St Charles' Catholic Primary School Waverley Primary K-6 Catholic 0.35km
Bronte Public School Primary K-6 Government 0.47km
Waverley Public School Primary K-6 Government 0.53km
St Catherine's School Combined K-12 Independent 0.63km
Clovelly Public School Primary K-6 Government 0.92km
Montessori East Primary K-6 Independent 0.97km
Bondi Public School Primary K-6 Government 1.1km
Moriah College Combined K-12 Independent 1.1km
Holy Cross Catholic Primary School Primary K-6 Catholic 1.2km
Reddam House Combined Independent 1.2km
St Anthony's Catholic Primary School Primary K-6 Catholic 1.3km
St Margaret Mary's Catholic Primary School Primary K-6 Catholic 1.3km
Bellevue Hill Public School Primary K-6 Government 1.4km
Emanuel School Combined K-12 Independent 1.5km
Marcellin College Secondary 7-12 Catholic 2.2km
Reddam House, Bondi Campus Secondary Independent 2.4km
Brigidine College Randwick Secondary 7-12 Catholic 2.5km
The Scots College, Ginahgulla Centre campus Combined Independent 2.7km
The Scots College Combined K-12 Independent 2.7km
Rose Bay Secondary College Secondary 7-12 Government 3.0km
Randwick Girls High School Secondary Government 3.0km
Ascham School Combined K-12 Independent 3.0km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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