40B Henrietta Street, Waverley NSW 2024

4 bed, 2 bath, 2 car | 249m² land, 246m² build | 97% site coverage | premium coastal infill This is a rare configuration for Waverley—a detached house on a very small lot where nearly every square metre is built out. The 97% site coverage means almost no backyard, but the trade-off is a substantial 246m² of internal living space, which is generous for a coastal infill property. The north-facing orientation, 8m roof height, and architectural finishes suggest a deliberate design focused on light and volume rather than outdoor space. This property is best suited to buyers who prioritise a premium, low-maintenance house in a school catchment over a traditional family home with a garden. The 2021 sale at $4.475m and current estimates in the mid-$5m range indicate strong capital growth, but the low rental yield of around 2.15% signals this is an owner-occupier market, not an investment play. The high land-to-building ratio may affect resale appeal for buyers who expect outdoor amenity, and the lack of a construction date means the building’s age and condition are unverified. The property’s position within Waverley Public School and Rose Bay Secondary College catchments adds a tangible value layer, but without confirmed comparable sales nearby, pricing is less transparent. The absence of bushfire, flood, or heritage overlays is a positive, though the elevated 77m ground level and 5G coverage are standard for the area rather than exceptional. The boutique collection description suggests a bespoke build, but buyers should verify build quality and any strata or covenant arrangements that might limit future changes.