Auction Location: Onsite.
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
Water rates: $761.00 approx per quarter
Council rates: $530.00 approx per quarter
Conjunction agent: Gayle Clifford, Croll Real Estate Neutral Bay.
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