12/4-8 Kareela Rd, Cremorne Point is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 2276m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Commanding a prime position overlooking the Harbour and Mosman Bay, this bright and spacious two-bedroom apartment located in the highly desirable 'Kareela Court', is just a short stroll to Old Cremorne Ferry Wharf and picturesque foreshore walks.
The home boasts expansive views from every room and spacious living and dining areas. There's an open plan kitchen with brand new appliances, two large bedrooms, both with built-in robes, a modern bathroom including a bathtub and a wide sun-filled balcony opening from the living area and second bedroom.
Freshly painted throughout, further features include lift access and a lock-up garage with access via Kareela Lane.
Lease terms: 12 months/plus preferred, no pets.
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 1,476 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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