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Strata Report5/85 Grasmere Road, Cremorne, NSW 2090
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Sold
Sold for $1,250,000 on Jan 17, 2025
Low levies makes this an ideal investment or first home!
Sold by Lorinda Mansfield 0438 665 774
With low outgoings, a smart renovation and an enormous lock up garage, plus storeroom, this strata apartment has an impressive check list!
The top floor home has windows on 3 sides, and enjoys good ventilation and a private outlook over the district of Cremorne.
Nestled in a quiet street on the northern side of the suburb, this low maintenance strata building has easy rear lane car access, visitor parking, and is a short level walk to the centre of Neutral Bay shops, cafes, buses or the Orpheum Theatre.
This property is ideal for first-time buyers, or investors looking to capitalize on a sought-after blue-chip location.
- Top floor 2 bedroom strata unit of 71m2
- 1960's style building - 3 storey walk-up
- Fully renovated apartment finished with smart plantation shutters
- Internal laundry within the open plan kitchen
- Large lock up garage of 21.4m2
- Additional lockable storeroom of 7m2
- Quarterly Strata is $787 per quarter
- Windows on 3 sides
- Market rent approx. $800pw
To inspection this property or for more information, contact Lorinda Mansfield on 0438 665 774
Lorinda Mansfield
Sales Agent
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L31992750
- Property Type:Apartment
- Garages:1
We Know Your Area
R&H Suburb Profile: Cremorne| R&H Suburb Summary | Houses |
|---|---|
| Number of sales | 51 |
| Average Price | $4,705,333 |
| Median Price | $4,000,000 |
| Median Rental Price | $992.5 p.w. |
| Change in Rental Rate (5yr) | -1 % |
| R&H Suburb Summary | Units |
|---|---|
| Number of sales | 247 |
| Average Price | $1,459,102 |
| Median Price | $1,370,000 |
| Median Rental Price | $795 p.w. |
| Change in Rental Rate (5yr) | 27 % |
Median Trend - $4,000,000
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