OFF MARKET

414/287 Military Road
Cremorne NSW 2090

Bedrooms: -
Bathrooms: 1
Car spaces: 1
Floor area: 24m2
Land area: 2097m2
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Property Details for 414/287 Military Rd, Cremorne

414/287 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 24m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1970
Floor Size
24m2
Land Size
2097m2
Local Government
North Sydney
Lot/Plan
54/SP63978

Last Listing description (May 2023)

View by Private Appointment.

This quiet studio apartment has views to the harbour and offers attractive investment possibilities.
Located within the Park Regis complex, and the rear of the building and in the heart of Cremorne, this property is ideally positioned for those wanting a flexible investment to chase stronger returns. Whilst enjoying guaranteed rent for the next three years, this apartment is zoned to accommodate holiday letting, AirBnB, shorter term stays or long term tenancies after that. The strata apartment would also make a savvy city base with security parking on title.

- Rent return Year one: $1,825 per month
- Rent return Year two: $1,868 per month
- Rent return Year three: $1,911 per month
- Fully equipped studio Apartment
- Lift access to parking and storage.
- Galley kitchen with dishdrawer dishwasher, bar fridge and laundry within the bathroom.
- 4th floor position with quiet outlook over the district to the harbour
- Smart presentation, air conditioning and sliding doors to a Juliet balcony
- Ideally positioned in the heart of Cremorne and only steps to the Orpheum Picture theatre, restaurants, and wine bars. Supermarket, and a selection of shops directly under the building and transport and nightlife directly at the front door!

Contact: Lorinda Mansfield, 0438 665 774.

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Property History for 414/287 Military Rd, Cremorne, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$440,000
13 Mar 2023
Listed for Rent
$350/w
01 Mar 2016
  • 13 Mar 2023
    Sold for $440,000
  • 11 Jan 2023
    Listed for Sale For Sale: $450,000 - $495,000
  • 09 Aug 2018
    Sold for $417,500
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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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