7/40 Grasmere LaneCremorne NSW 2090
Property Details for 7/40 Grasmere Lane, Cremorne
7/40 Grasmere Lane, Cremorne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1415m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (March 2024)
Situated within a tightly held boutique block of only 12, this stunning apartment has its own private entrance and a prized North/East aspect from the oversized entertainer's courtyard.
Upon entry you are welcomed by an open plan living and dining space that flows to the sundrenched courtyard with a peaceful garden bed and pond. The stylish kitchen is immaculate and incorporates electric cooking, dishwasher and a great amount of storage. There is also underfloor heating and an additional study nook making it ideal for those working from home.
The main bedroom is oversized and includes a modern en-suite bathroom, whilst the second bedroom is intelligently designed with custom joinery to function as both a bedroom or an additional study/guest room. Main bathroom with spa bath, and a separate internal laundry. Complete with security parking, extra storage and dual access to the apartment via both Grasmere Road and Grasmere Lane, this is a fabulous off market opportunity for professional couples, young families, downsizers and investors alike.
Located in a highly sought-after pocket of Cremorne within walking distance of Neutral Bay shops, cafes, restaurants, local parks & Cammeray golf course, as well as swift CBD bus transport.
*Also accessed via 25 Grasmere Road, Cremorne.
Contact: Hamish Kyle 0418 501 795 and Carol Yardemian 0433 799 331
Property History for 7/40 Grasmere Lane, Cremorne, NSW 2090
- 30 Nov 2023Sold for $1,570,000
- 13 Nov 2023Listed for Sale Auction: Sat 2 December (if not sold prior)
- 04 Aug 2000Sold for $450,000
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0About 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 6,778 properties. Over the last 5 years, Houses in Cremorne have seen a 28.80% increase in median value, while Units have seen a 23.39% increase. As at 30 November 2024:
- The median value for Houses in Cremorne is $3,683,148 while the median value for Units is $1,373,147.
- Houses have a median rent of $993 while Units have a median rent of $795.
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