Offered for the first time in 33 years this is a fabulous opportunity to secure a residential holding positioned in one of Cremorne’s premier enclaves. With a sunny north facing rear yard, this property offers broad appeal to professional couples, families and investors alike.
The charming two storey terrace is currently configured as three (3) apartments, each with separate entries. One apartment is two (2) bedroom with a wide balcony, the other apartments are both one (1) bedroom with level access from street. All present open-plan living and dining with adjacent kitchens. There is fabulous potential to reinstate the property to one large terrace as a family home in a great location (subject to council approval), or maintain the three units for ongoing rental income. Situated a gentle walk to Cremorne Village and Neutral Bay shopping centres offering a myriad of restaurants, cafes, boutiques and bars to compliment a convenient, contemporary lifestyle. Close to recreational parklands and facilities including Cammeray Golf course, Primrose Park and Hayden Orpheum Cinema. Enjoy easy access to local transport routes including express CBD bus services.
Excellent investment or development potential
Sought-after Lower North Shore location
Three apartments on title to be sold-in-one-line
Two x one bedroom plus one x two bedroom
Each apartment enjoys a separate entrance
Upper level enjoys wide leafy district views
Garden frontage with strong street presence
Level rear lawned yard, shared laundry/storage
Further development opp. subject to council approval (STCA)
Middle Harbour Public School catchment, close to leading private schools
Moments to Cremorne shopping village and transport options
Approximate quarterly outgoings:
Council rates: $580
Water rates: $530
TOTAL: $1,110 per quarter
Auction: On site, 12:30pm Sat, 5 June 2021
Details: Gayle Clifford 0419998413 or gayle.clifford@croll.com.au
gayle.clifford@croll.com.au
Solicitor: Anna Pilgrim, Abbey Lawyers & Associates : 9358 5888, PO Box 684 Paddington NSW 2021, anna@abbeylawyers.com.au
A copy of the contract for this property can be downloaded from the Croll Real Estate website
Conjunction agent: Kirsty Freyer, Richardson & Wrench Mosman.
Please note we have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers/tenants must rely on their own enquiries in this regard. We will not accept any liability for any incorrect representation(s) claimed to be made that has not been confirmed in writing with the agent prior to the purchaser/tenant exchanging contracts.
