Freestanding home in Waverton with water views secured Off Market with no competition
▉ REGION: LOWER NORTH SHORE
▉ CLIENT: EXECUTIVE COUPLE
▉ BUDGET: $4M
Background
Our clients were seeking a freestanding home on Sydney’s Lower North Shore with water views, strong long-term capital growth fundamentals and proximity to the CBD. Waverton was a preferred suburb due to its tightly held nature, village feel and limited supply of quality freestanding homes.
They were open to updating over time but wanted to secure a well-positioned asset without overpaying in a competitive environment.
Challenges
Freestanding homes with water views in Waverton are scarce and typically attract strong competition when launched publicly.
The risk in this price bracket is emotional bidding pressure, compressed decision timelines and price escalation beyond fair market value.
Our clients were also time-conscious and preferred a discreet, controlled process rather than navigating an open campaign.
Strategy
Through established relationships with local selling agents, we identified 15 Whatmore Street prior to any public marketing. The home was never listed online and no open inspections were conducted.
We carried out thorough due diligence including comparable sales analysis, price benchmarking and building review to determine fair market value.
With no competing buyers, we were able to negotiate methodically and structure terms that suited both parties, maintaining control throughout the process.
Outcome
The property was secured in the mid $3m range without competition.
By transacting off market, our clients avoided auction pressure and public exposure while securing a blue-chip freestanding residence with water views in one of Waverton’s most tightly held pockets.
