Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7

Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

405/22 Sutherland Street, Cremorne NSW 2090

Guide $1,450,000 Offers Invited

Apartment 2 Beds 1 Bath 1 Car 152 m²
Listed: 6 days ago
Overview

This oversized, meticulously renovated two-bedroom apartment at 405/22 Sutherland Street, Cremorne, delivers a harmonious balance of space, style, and comfort. It offers an exceptional living environment defined by its impressive 152sqm area that encompasses the apartment, its balcony, secure parking, and storage.

Drawing abundant natural light, the north-facing orientation enhances warmth and openness throughout the day, creating an inviting atmosphere. This aspect, coupled with the thoughtfully designed open-plan living and dining room that features tasteful floorboards, positions the living spaces as an ideal setting for both relaxed family life and social entertaining.

The kitchen is practical and modern, equipped with a gas cooktop and dishwasher, and generous counter space that supports culinary pursuits with ease. Adjacent, a separate dining room area adds versatility and a distinct space to enjoy meals.

Storage is thoughtfully considered, with two generously sized bedrooms featuring built-in robes, ensuring ample space for belongings. The contemporary bathroom includes a bath, providing a relaxing sanctuary for unwinding. Additional convenience is offered by internal laundry facilities integrated within the kitchen space.

Stepping outdoors, the generous private balcony extends the living area, presenting a perfect spot to enjoy morning coffees or evening leisure with a view toward the north. This feature enhances the appeal of indoor-outdoor living and the overall lifestyle quality of the home.

Practical amenities such as split system air conditioning deliver year-round comfort, while secure parking for one vehicle and an included storage cage add significant value. Pet-friendly policies further broaden the property's appeal, making it suitable for owners with companion animals.

Currently tenanted on an expired lease with tenants open to renewal, this apartment offers flexibility for investors or owner-occupiers looking for vacant possession. Strata arrangements are well established, supporting a secure community of 26 units across three floors, supplemented by secure parking facilities accessible from a rear lane.

  • Rental return: Approximately $850 per week, highlighting sound investment potential.
  • Quarterly outgoings include: Water approx. $216.53, Council rates approx. $404.84, and Strata Levy at $1,702.33, reflecting the comprehensive care of communal areas.
  • Strata funds: Well-managed with an Admin Fund of $34,861.64 and Capital Works Fund of $301,699.16 ensuring long-term maintenance.

This apartment's blend of generous indoor and outdoor spaces, modern conveniences, and a prime north-facing aspect make it a compelling choice within the Cremorne market for a variety of buyers, including professionals and downsizers seeking quality, lifestyle, and convenience in one package.

Local Market Insights

In Cremorne, Quiet Listings observed 13 new apartments entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $1,606,923. The property type mix of listed properties is predominantly Apartments at 65%, followed by houses (25%), and units (5%). The most active agency for apartments in the Cremorne area is currently Raine & Horne, representing 23% of new listings, followed by McGrath Estate Agents with 23%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Cremorne NSW 2090
New Listings (last 30 days)
13
Average price
$1,606,923
Lowest price
$750,000
Highest price
$5,500,000
Other properties in this postcode