SOLD
Sold on 21 Dec 2023 for $430,000

301/287 Military Road
Cremorne NSW 2090

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 25m2
Land area: 2097m2
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Property Details for 301/287 Military Rd, Cremorne

301/287 Military Rd, Cremorne is a 0 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2097m2 and floor size of 25m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom Unit sold in Cremorne in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
25m2
Land Size
2097m2
Local Government
North Sydney
Lot/Plan
21/SP63978

Last Listing description (October 2020)

Located on the3rd floor in a desirable corner position of the building with lift access. Thisstudio apartment has a North/West aspect and is full of natural light.Amodern galley style kitchen with dishwasher,spaciouswhite tiled/marble bathroom, with internal laundry. Security undercover parking and separate lock-up storage of 3 sqm. Positioned in 'The Concierge/Park Regis' just moments from the heart of Cremorne, with shops, restaurants and cinema and city transport at your door.

This property has proved over many years to be a fantastic investment. The apartment is currently leased at $360 per week.
Approximate quarterly outgoings:

Levies: $1,004
Council rates: $204
Water rates: $171
TOTAL: $1,379 per quarter

Details: Andrew Thomas 0421 28 1234 or andrew@cremornefn.com.au

Solicitor: Samuel Shenouda, S.A.S LAWYERS PTY LTD : 02 8599 6929, Suite 1, Level 1, 48 Macquarie Street Parramatta NSW 2150, samuel@saslawyers.com.au

Strata Manager: , McCormacks Strata Management : 02 9909 5400, Level 2, 275 George Street Sydney NSW 2000, info@mccormacks.com.au

A copy of the contract for this property can be downloaded from the cremorne first national website

Property History for 301/287 Military Rd, Cremorne, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$430,000
21 Dec 2023
Listed for Rent
$375/w
12 Sep 2016
  • 21 Dec 2023
    Sold for $430,000
  • 05 Sep 2016
    Listed for Rent $375 / week
  • 13 Jul 2015
    Sold for $333,000
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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 6,710 properties. Over the last 5 years, Houses in Cremorne have seen a 34.64% increase in median value, while Units have seen a 32.50% increase. As at 30 September 2024:

  • The median value for Houses in Cremorne is $3,727,124 while the median value for Units is $1,406,688.
  • Houses have a median rent of $1,050 while Units have a median rent of $775.
There are currently 19 properties listed for sale, and 29 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 300 properties were sold in the past 12 months in Cremorne.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.