Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
50 Grasmere Lane
Cremorne, NSW 2090
This property is no longer actively marketed and does not appear in standard search results. This page is retained for historical reference only.
Overview
DA Approved Boutique Development Site With Views
Ray White Lower North Shore Projects and Developments is pleased to present a prime opportunity at 50 Grasmere Lane, Cremorne, available for sale through Expression of Interest.
This property comes with Development Approval (DA) for three spacious apartments, offering stunning views of Middle Harbour and a desirable northern aspect. This unique offering is ideal for boutique developers looking to create a residential community that fosters connection among residents.
The approved development consists of a five-level residential building, complete with two levels of basement car parking.
The apartments are designed to cater to affluent downsizers seeking large-scale, low-maintenance living options.
The architectural design, crafted by Floris Smith Architecture, includes five residential car spaces and one visitor space, along with storage facilities for each apartment.
The development plan includes:
- Apartment 1 (Penthouse) - A luxurious 4-bedroom, 2-level apartment with an internal area of 211.19 sqm, featuring 4 bathrooms, an internal private lift, 2 car spaces, and two expansive north-facing terraces.
- Apartment 2 - A 3-bedroom, single-level apartment with an internal area of 146.58 sqm, offering 3.5 bathrooms, 1 car space, and a large north-facing terrace.
- Apartment 3 - A 3-bedroom plus rumpus, 2-level garden apartment with an internal area of 243.41 sqm, featuring 3.5 bathrooms, 2 car spaces, and a north-facing terrace with a garden on title.
The property also includes a car elevator and boasts over 15 meters of street frontage to the tranquil Grasmere Lane, with additional frontage to Grasmere Road for services and stormwater management. The site is primed and ready for construction to commence.
The existing structure is a charming federation home, comprising 4 bedrooms plus a rumpus room, 2.5 bathrooms, and 3 car spaces, complemented by a north-facing entertaining deck that offers breathtaking views of Middle Harbour. Currently, the property is tenanted, generating a significant rental income.
Situated in a highly sought-after location, this property offers unparalleled lifestyle convenience. It is just a short stroll to the Neutral Bay shopping precinct, Primrose Park, and the Cammeray Golf Club. Additionally, it provides easy access to city transport links along Military Road. The beautiful Balmoral Beach is only 3.5 km away, with the Sydney CBD a mere 5.5 km commute. Surrounded by quality real estate and excellent schools, this location promises strong buyer demand for a thoughtfully designed residential offering.
The property is available for sale via Expressions of Interest, closing at 5 PM on Wednesday, 25th March 2026.
* All figures are approximate.
* All information contained herein is gathered from sources we consider to be reliable; however, we cannot guarantee or provide any warranty regarding the information provided.
Location
Cremorne NSW 2090
Measurements
| Type | Dimensions |
|---|---|
| Building Area Sqm | 601 |
| Floor Area | 601 sqm |
Market Insights for Cremorne NSW 2090
Other properties in this postcode
$Belle Property Private
31/224-230 Ben Boyd Road, Cremorne NSW 2090
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
