8/4-8 Kareela Road, Cremorne, NSW 2090

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Sold

Sold for $780,000 (May 10, 2019)

Sold By David Hill 0411491122

Nestled in a prestigious, harbourside location with sweeping views across the water to the Eastern Suburbs, this generous, first floor apartment offers easy, level access and great scope to capitalise.

Boasting a sundrenched, Easterly aspect, with spacious, open plan living/dining area flowing to covered balcony enjoying magnificent Sydney Harbour vistas, this is one to get excited about for downsizers, professionals and investors alike. The recently refurbished building is just steps from Cremorne Point Reserve, enjoys lift access, dual street frontages, full brick construction and a highly desirable lifestyle address.

Rarely do such opportunities arise – this is your chance to secure a Sydney Harbourside gem.

Quarterly Outgoings:

Council $242.00 pq approx.

Water $172.04 pq approx.

Strata Levies $966.10 pq approx.

Unit Entitlement: 75.3 sqm approx. plus parking.

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R&H Suburb Profile: Cremorne

R&H Suburb Summary Houses
Number of sales 68
Average Price $2,893,505
Median Price $2,476,500
Median Rental Price $1,185 p.w.
Change in Rental Rate (5yr) -1 %
R&H Suburb Summary Units
Number of sales 202
Average Price $1,192,990
Median Price $1,075,000
Median Rental Price $650 p.w.
Change in Rental Rate (5yr) 5 %
Cremorne, NSW - Median Trend