1 Kareela Rd, Cremorne Point is a 5 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 190m2. While the property is not currently for sale or for rent, it was last sold in October 2017.
Capturing uninterrupted water views over Mosman Bay to Sydney Harbour, full brick 'Tula' pre c1900 presents an extremely rare opportunity to further capitalise in a blue ribbon enclave (STCA). It backs waterfront reserve just footsteps to Old Cremorne Wharf.
- Immense potential for a tranformative interior renovation
- Once in a lifetime, offered for the first time in 58 years
- Scope for complete contemporary renovation and reconfiguration
- Currently features two self-contained apartments downstairs
- Five bedrooms in total, top floor with classic widow's walk
- Multiple generous living areas with soaring high ceilings
- Water view master bedroom features study nook and balcony
- Take advantage of an existing oversized layout and footprint
- Off street parking for two cars, vast attic storage space
- Metres to Sydney Amateur Sailing Club, walk to Maccallum Pool
The size of Cremorne Point is approximately 0.4 square kilometres. It has 8 parks covering nearly 21.2% of total area. The population of Cremorne Point in 2011 was 1,979 people. By 2016 the population was 2,410 showing a population growth of 21.8% in the area during that time. The predominant age group in Cremorne Point is 30-39 years. Households in Cremorne Point are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cremorne Point work in a professional occupation. In 2011, 49.4% of the homes in Cremorne Point were owner-occupied compared with 52% in 2016.
Cremorne Point has 1,473 properties. Over the last 5 years, Houses in Cremorne Point have seen a 26.55% increase in median value, while Units have seen a 36.31% increase. As at 31 October 2024:
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