12 Melrose St, Mosman is a 6 bedroom, 6 bathroom House with 2 parking spaces and was built in 1963. The property has a land size of 517m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 6 bedroom House sold in Mosman in the last 12 months.
Currently presenting impressive investment prospects in a sought-after Mosman address, this expansive freestanding property consists of a collection of seven boutique apartments. Situated on a generous 517sqm parcel, it offers enormous income potential, plus the option to reconfigure as a grand family residence with minimal work.
Option 1. Keep existing floorplan and receive solid rental income from 7 individual self-contained units within a low maintenance federation home.
Option 2. Create a 2-bedroom residence with extended internal living area, extra decking for alfresco living and fence to provide private garden area, and the remaining 5 units rented out for income. A cost-effective renovation for those who wish to live in and receive income.
Option 3. Reconfigure existing floorplan into a Grand Federation family home, open plan living and dining, outdoor entertaining and pool.
Estimate costs for conversions available on request.
2 storey dwelling with a beautiful character faade
Reimagine the design to create your dream family home
Convert existing floorplan to provide for home and income
Sun-drenched rear garden, large storage and laundry
Parking for 2 cars, R3 Zoned, strong rental returns
Two storey home approved for multiple dwellings
Featuring seven spacious one-bedroom apartments
Fully contained apartments each with a private kitchen
Set within a moment's stroll of shops and city buses
Enjoy the best of both Cremorne and Mosman Villages
The size of Mosman is approximately 8.7 square kilometres. It has 45 parks covering nearly 29.6% of total area. The population of Mosman in 2016 was 28475 people. By 2021 the population was 28329 showing a population decline of 0.5% in the area during that time. The predominant age group in Mosman is 50-59 years. Households in Mosman are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mosman work in a professional occupation.In 2021, 64.10% of the homes in Mosman were owner-occupied compared with 62.80% in 2016.
Mosman has 16,009 properties. Over the last 5 years, Houses in Mosman have seen a 30.04% increase in median value, while Units have seen a 37.05% increase. As at 31 December 2025:
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