48/6-12 Prospect Ave, Cremorne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1973. The property has a land size of 3262m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Positioned on the 12th floor of this highly regarded security building and enjoying a prized North East aspect and panoramic district views, this 89sqm apartment has been recently refurbished to provide a comfortable level of accommodation in this superb quiet, cul-de-sac location. Accommodating 2 double bedrooms with built-in robes, 2 bathrooms, renovated kitchen with adjoining casual meals area, separate laundry room and a generous L-shaped dining and living that opens out to the sunny balcony with its spectacular views. The unit also features a basement garage whilst the building has been fully refurbished and includes a sparkling pool, plenty of visitors parking, level dual lift access, delightful common areas and immaculate gardens & grounds. Located only moments from Cremorne Junction shops, cafes, restaurants, transport and the Orpheum Picture Palace, this is a wonderful buying opportunity for both a Home Buyer or Investor!
Note: This Property is part of a Deceased Estate and will definitely be submitted for sale at auction on Friday 27th March 2015.
Outgoings: Strata $1,701.72 p/q, Council $210.69 p/q, Water $171.00 p/q
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 6,777 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:
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