CBRE is pleased to present 46-48 Macpherson Street, Bronte NSW, to the to the market via Investment Portfolio Auction to occur on Tuesday the 24th of February at the Sydney Opera House.

The property has the following key highlights:

+ Tightly held trophy Bronte freehold in one of Sydney’s most prestigious coastal suburbs – first time offered to the market in 48+ years
+ Lucas Quality Meats: highly established family-owned butcher with 48+ years on-site and strong local customer loyalty
+ Prime 398sqm* corner freehold in the heart of Bronte’s, only minutes’ walk to world-renowned Bronte Beach, Tamarama & Bondi
+ Will suit investors, owner occupiers, and developers, with strong value-add potential
+ Rarely brought to market Bronte freehold on coveted corner position of Macpherson Street and Lugar Street, delivering dual street frontage and unmatched exposure
+ Versatile two-level 298sqm* commercial and residential building with courtyard potential and 4 rare on-site parking spaces
+ Exceptional future growth potential with strong underlying land value and value-add opportunities (STCA), zoned E1 Local Centre
+ Positioned in core Macpherson Street village with abundant foot traffic from beachgoers, locals, and affluent Eastern Suburbs resident’s adjacent pedestrian crosswalk
+ Bronte: trophy Sydney Eastern Suburbs location with a median house price of over $5.9 million*
+ Eastern Suburbs: home to 3 of Australia’s top 5 highest-earning postcodes with an economic output of $15b* + pa.
+ Net Income: $229,600 pa + GST*

To be sold via Investment Portfolio Auction 10:30am (AEDT) Tuesday 24 February 2026,
Yallamundi Rooms, Sydney Opera House

Please contact the exclusively appointed sales team for more information.

*Approx