OFF MARKET

2/16 Rangers Road
Cremorne NSW 2090

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1633m2
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Property Details for 2/16 Rangers Rd, Cremorne

2/16 Rangers Rd, Cremorne is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1966. The property has a land size of 1633m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
1966
Land Size
1633m2
Local Government
North Sydney
Lot/Plan
2/SP2241

Last Listing description (August 2023)

Perfectly located just a short stroll from Neutral Bay Junction with an array of shops, cafes, restaurants and transport options at your doorstep, this generous first floor strata unit is a sensational opportunity for first home buyers and investors alike.

In a low-rise, low maintenance security building, this 84 sqm apartment features 2 double bedrooms, original bathroom, spacious kitchen and a very generous dining and living area that opens out to the balcony.

This unit includes its own private lock-up laundry room (ideal for extra storage) along with a single lock-up garage with direct internal building access.

Currently under lease at $580 p.w. expiring on the 28th September 2023 and being sold subject to this tenancy, this is a budget priced opportunity in a superb & convenient location and sure to appeal to those looking for realistic value in today's marketplace.

Details: David Buttel 0419 263 362

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Property History for 2/16 Rangers Rd, Cremorne, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,175,000
01 Jul 2023
Listed for Rent
$580/w
27 Sep 2022
  • 01 Jul 2023
    Sold for $1,175,000
  • 07 Jun 2023
    Listed for Sale SOLD AT AUCTION BY DAVID BUTTEL
  • 20 Sep 2022
    Listed for Rent $580 / week
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About Cremorne 2090

The size of Cremorne is approximately 1.6 square kilometres. It has 15 parks covering nearly 11.8% of total area. The population of Cremorne in 2011 was 11,049 people. By 2016 the population was 11,220 showing a population growth of 1.5% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation. In 2011, 53.9% of the homes in Cremorne were owner-occupied compared with 53.6% in 2016.

Cremorne has 6,782 properties. Over the last 5 years, Houses in Cremorne have seen a 36.65% increase in median value, while Units have seen a 36.65% increase. As at 31 July 2024:

  • The median value for Houses in Cremorne is $3,753,047 while the median value for Units is $1,414,003.
  • Houses have a median rent of $1,250 while Units have a median rent of $750.
There are currently 27 properties listed for sale, and 29 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 295 properties were sold in the past 12 months in Cremorne.

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