411/287 Military RoadCremorne NSW 2090
Property Details for 411/287 Military Rd, Cremorne
411/287 Military Rd, Cremorne is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 122m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in April 2016.
Last Listing description (October 2020)
Astute investors, this one is a must for your portfolio!
Currently leased with a phenomenal return of approximately $415p/week and with scheduled annual increases, this is a valuable and rare opportunity!
This contemporary 4th floor Studio apartment offers a desirable North East aspect with only one common wall, loads of natural light and pleasant outlook to Mosman & Cremorne. Enjoying a wonderfully convenient position with the area's transport, shops, restaurants, cinema, cafe's & bars all on your doorstep.
- Phenomenal $415p/week rental return(approx)
- Scheduled annual rental increases until January 2019
- Bright & quiet contemporary Studio apartment
- Desirable North East aspect & outlook
- Marble bathroom & Internal laundry
- Complete gourmet kitchen
- Full security complex with lock up storage
- Cremorne/Mosman's amenities on your doorstep
Approximate quarterly outgoings:
Levies: $1,042
Council rates: $202
Water rates: $163
TOTAL: $1,407 per quarter
Inspect: by appointment
Details: Tom Easton 0402566285 or tom@cremornefn.com.au
Solicitor: Patricia Chang, Thomas Chang & Co. : 02 9267 3993, Suite 601, Level 6, 265 Castlereagh Street Sydney NSW 2000, patricia.chang@thomaschang.com.au
Strata Manager: , McCormacks Strata Management : 02 9299 6722, Level 2, 275 George Street Sydney NSW 2000, info@mccormacks.com.au
Documentation for this property can be downloaded from the cremorne first national website
Property History for 411/287 Military Rd, Cremorne, NSW 2090
- 29 Apr 2016Sold for $335,000
- 24 Mar 2016Listed for Sale Not Disclosed
- 20 Jan 2015Sold for $312,500
Recent sales nearby
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About Cremorne 2090
The size of Cremorne is approximately 1.6 square kilometres. There are 15 parks, covering nearly 11.8% of the total area. The population of Cremorne in 2016 was 11227 people. By 2021 the population was 11263 showing a population growth of 0.3% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation.In 2021, 53.20% of the homes in Cremorne were owner-occupied compared with 53.60% in 2016.
Cremorne has 6,828 properties. Over the last 5 years, Houses in Cremorne have seen a -9.59% decrease in median value, while Units have seen a 7.32% increase. As at 30 June 2026:
- The median value for Houses in Cremorne is $3,712,662 while the median value for Units is $1,348,853.
- Houses have a median rent of $1,375 while Units have a median rent of $855.
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