7/40 Grasmere Lane, Cremorne is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 1415m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Situated within a tightly held boutique block of only 12, this stunning apartment has its own private entrance and a prized North/East aspect from the oversized entertainer's courtyard.
Upon entry you are welcomed by an open plan living and dining space that flows to the sundrenched courtyard with a peaceful garden bed and pond. The stylish kitchen is immaculate and incorporates electric cooking, dishwasher and a great amount of storage. There is also underfloor heating and an additional study nook making it ideal for those working from home.
The main bedroom is oversized and includes a modern en-suite bathroom, whilst the second bedroom is intelligently designed with custom joinery to function as both a bedroom or an additional study/guest room. Main bathroom with spa bath, and a separate internal laundry. Complete with security parking, extra storage and dual access to the apartment via both Grasmere Road and Grasmere Lane, this is a fabulous off market opportunity for professional couples, young families, downsizers and investors alike.
Located in a highly sought-after pocket of Cremorne within walking distance of Neutral Bay shops, cafes, restaurants, local parks & Cammeray golf course, as well as swift CBD bus transport.
*Also accessed via 25 Grasmere Road, Cremorne.
Contact: Hamish Kyle 0418 501 795 and Carol Yardemian 0433 799 331
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 6,831 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:
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