OFF MARKET

35/40-48 Gerard Street
Cremorne NSW 2090

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 2454m2
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Property Details for 35/40-48 Gerard St, Cremorne

35/40-48 Gerard St, Cremorne is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1973. The property has a land size of 2454m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1973
Floor Size
99m2
Land Size
2454m2
Local Government
North Sydney
Lot/Plan
35/SP7247

Last Listing description (January 2022)

Enjoying year round sunshine and capturing 180 degree views of the city and harbour, this spacious apartment offers superb potential for buyers looking to renovate and add value.

Situated on the 11th floor of the popular 'Northridge' complex, it is just a short level walk away from all that Cremorne has to offer.

Features include:

Well maintained security complex with level lift access, ultra convenient locale

Impressive 99.3m2 of internal living, total of 127m2 on title

Spacious living area flowing to enclosed balcony/sunroom

Open plan kitchen with panoramic views, separate internal laundry

Oversized main bedroom with balcony and built in wardrobes

Double secure tandem parking, storage cage, direct lift access

5 minute walk to shops, restaurants, cafes & city transport options, 10 minute drive to the CBD

Manicured common gardens & lawn

An exceptional apartment, boasting an oversized floorplan with a spectacular backdrop.

Strata levies: $1550/qtr Council rates: $289/qtr Water rates: $151/qtr

As you may be aware, NSW Health orders have recently changed; you are now able to attend open for inspections if you are double vaccinated. Please note, if you wish to attend open homes in person, you may be requested to show proof of this.

Property History for 35/40-48 Gerard St, Cremorne, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,575,000
22 Nov 2021
Listed for Rent
$695/w
17 Jun 2016
  • 22 Nov 2021
    Sold for $1,575,000
  • 17 Nov 2021
    Listed for Sale Contact Agent
  • 24 Sep 2021
    Sold
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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 6,709 properties. Over the last 5 years, Houses in Cremorne have seen a 44.23% increase in median value, while Units have seen a 28.64% increase. As at 31 October 2024:

  • The median value for Houses in Cremorne is $4,184,699 while the median value for Units is $1,378,040.
  • Houses have a median rent of $1,010 while Units have a median rent of $780.
There are currently 17 properties listed for sale, and 23 properties listed for rent in Cremorne on OnTheHouse. According to CoreLogic's data, 299 properties were sold in the past 12 months in Cremorne.

Suburb Insights for Cremorne 2090

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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.