420/287 Military RoadCremorne NSW 2090
Property Details for 420/287 Military Rd, Cremorne
420/287 Military Rd, Cremorne is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 2097m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (February 2023)
Super charged returns with flexible investment options
This quiet one-bedroom apartment has views to the harbour and offers attractive investment possibilities.
Located within the Park Regis complex in the heart of Cremorne, this apartment is ideally positioned for those wanting a flexible investment to chase stronger returns.
This property is zoned to accommodate holiday letting, AirBnB, shorter term stays or long term tenancies. The strata apartment would also make a savvy city home with security parking on title.
- Fully equipped one-bedroom Strata Apartment
- Lift access to parking and storage
- Fully equipped kitchenette, 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 Juliette balcony
- Ideally positioned in the heart of Cremorne and only steps to the Orpheum Picture theatre, restaurants, supermarket, transport and nightlife
Contact: Lorinda Mansfield 0438 665 774
Property History for 420/287 Military Rd, Cremorne, NSW 2090
- 11 Nov 2022Sold for $535,000
- 17 Oct 2022Listed for Rent $420 / week
- 19 Aug 2022Listed for Sale $580,000
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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 6,782 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.
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