Back 41/47 Gerard Street
Off Market

41/47 Gerard Street

Cremorne NSW 2090

2
1
1
101 m²
0 m²
Apartment
Last sold for $850,000
Max WagschallMax Wagschall, last sold this property on 19 January 2016 after 102 days on market.

Overview

Private and Quiet Urban Retreat with Leafy Outlook

On the fourth floor at the rear of a low rise building, this large apartment presents an exceptional lifestyle retreat in a private elevated position. The wonderfully practical interiors reveal an open plan design, a well maintained gas kitchen and a delightful covered balcony. It offers a readymade opportunity for young homebuyers and astute investors seeking a premium address with good rental returns. Complete with lift access to basement parking, this corner apartment is well placed for absolute convenience. - Generous open layout combines casual living and dining areas - Broad covered entertaining balcony with a private leafy view - Well maintained kitchen boasts gas cooking - Double bedrooms complete with mirrored built-in robes - Tastefully styled full bathroom with separate bath and shower - Readymade opportunity for first homebuyers and investors - Carpeted throughout, neutral colour tones, internal laundry - Single secure car space, established block with lift access - Easy commute to the city centre with only one traffic light - Walk to village shops, cafes, restaurants, parks and buses - Good rental returns - currently rented for $600pw Internal area - 88sqm Carspace - 13sqm Total on title - 101sqm

Features

2 bedrooms
1 bathroom
1 carspace
101 m² floor area
0 m² lot size
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Cremorne over the last 12 months, the estimated median property value of 41/47 Gerard Street is $1.4m.

Median value
$1.4m
Estimated value range
$1.07m - $2.85m
Median days on market
27
Estimated value trend
-1%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Cremorne. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 41/47 Gerard Street

2023
Rented
Undisclosed
Leased on 28 Mar 2023 by DiJones Neutral Bay
2021
Rented
Undisclosed
Leased on 25 Nov 2021 by DiJones Neutral Bay
2016
Sold
$850,000
Sold After Auction on 19 Jan 2016 by Max Wagschall, of The Agency – Lower North Shore

Happy sellers in Cremorne

70%
70% of sellers in Cremorne reported that their sale price either exceeded or met their price expectations.

Cremorne stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 76 reviews in Cremorne over the last 12 months.

Local market activity for 2 bedroom apartments in Cremorne

In the last 12 months, 90 two-bedroom apartments similar to 41/47 Gerard Street, have been sold.

This represents a 36% increase in two-bedroom apartments sales when compared to the previous 12 months.

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