15A Bannerman StreetCremorne Point NSW 2090
Property Details for 15a Bannerman St, Cremorne Point
15a Bannerman St, Cremorne Point is a 18 bedroom, 17 bathroom House and was built in 1962. The property has a land size of 513m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (December 2021)
A unique offering in a sought-after location, this boarding house presents a truly rare opportunity to buy a whole block of 17 apartments in one line with a mix of studios, one bedroom and two bedroom apartments with kitchenettes and private bathrooms. Set in a block of approximately 510sqm, you are only moments from Cremorne Point Wharf, Neutral Bay and Cremorne shops, restaurants and cafes as well as public transport and easy access across to the CBD.
This block is exceptionally well maintained and looked after, set over three levels, with updated common interiors featuring a mix of carpet and timber floorboards throughout. The boarding house is separately metered, has a shared laundry, and a garden with clothesline at the back.
A blue-chip investment with fantastic returns and potential for further enhancement (STCA) and high growth, this block is set in peaceful surrounds, in a prized location.
- 17 apartments in boarding house set in a peaceful, prized location.
- Set over 510 sqm, mix of studio, one bedroom and two bedroom apartments.
- Prime position, walking distance to Cremorne Point Wharf, Neutral Bay and Cremorne shops, restaurants and cafes as well as public transport and easy access across to the CBD.
- Potential for further enhancement (STCA)
- Shared laundry, separately metered apartments
Expressions of Interest close 8th December 5:00PM
For more information, please contact Anthony Somlai on 0401 848 494 or Gabi Somlai on 0411 701 702
Property History for 15a Bannerman St, Cremorne Point, NSW 2090
- 03 Dec 2021Sold for $3,900,000
- 05 Nov 2021Listed for Sale Expressions of Interest
- 30 Jun 2020Listed for Rent $250 / week
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About Cremorne Point 2090
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 1,475 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:
- The median value for Houses in Cremorne Point is $5,227,632 while the median value for Units is $1,922,909.
- Houses have a median rent of $1,300 while Units have a median rent of $950.
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