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.
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.
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:
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