OFF MARKET

41/4-8 Kareela Road
Cremorne Point NSW 2090

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 1942m2
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Property Details for 41/4-8 Kareela Rd, Cremorne Point

41/4-8 Kareela Rd, Cremorne Point is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1942m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in September 2016.

Building Type
Unit
Year Built
1970
Floor Size
79m2
Land Size
1942m2
Local Government
North Sydney
Lot/Plan
41/SP957

Last Listing description (December 2018)

Tightly held, this stunning apartment is a rare find, positioned on the sunny north-east corner of the building. Its lofty elevation provides sparkling vistas across Mosman Bay and the harbour as well as bridge and North Sydney views to the rear. Perfectly liveable or leasable as it is, with outstanding potential to renovate, it provides an exceptional buying opportunity in a sought after setting, just steps to Old Cremorne Wharf ferry, Cremorne Point Reserve and bus

- The popular updated building sits amongst well maintained surrounds
- Lift access, fresh and bright interiors benefit from the north-east aspect

- Free flowing living and dining opens out to the balcony with views
- Well maintained original kitchen with Harbour Bridge glimpses
- The two bedrooms are both well proportioned with built-in robes
- Classic bathroom, internal laundry, ample storage cupboards
- Covered car space on title, huge potential in an exclusive setting

Disclaimer: We have obtained all information herein from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Property History for 41/4-8 Kareela Rd, Cremorne Point, NSW 2090

A timeline of how this property has performed in the market
Last Sold
$1,059,100
02 Sep 2016
  • 02 Sep 2016
    Sold for $1,059,100
  • 22 Aug 2016
    Listed for Sale $1,059,100
  • 13 Jan 1984
    Sold

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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 38.80% increase in median value, while Units have seen a 31.48% increase. As at 30 September 2024:

  • The median value for Houses in Cremorne Point is $5,611,041 while the median value for Units is $1,923,426.
  • Houses have a median rent of $1,300 while Units have a median rent of $950.
There are currently 5 properties listed for sale, and 3 properties listed for rent in Cremorne point on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Cremorne point.

Suburb Insights for Cremorne Point 2090

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.