14 Florence Street Cremorne NSW 2090

CBRE as the exclusive sales agent is pleased to present 14 Florence Street, Cremorne.
Ideally located in a quiet leafy street in one of Sydney's most exclusive harbourside locales, the character filled boutique property features 4 x 2 bedroom apartments with sunrooms permitting an abundance of natural sunlight and ventilation throughout.

14 Florence Street offers a fantastic opportunity to capitalise on Sydney's lucrative rental market with ongoing and increasing returns plus the potential to revert rents, refurbish, strata-title sell down, convert into your dream home or redevelop (STCA).

14 Florence Street, Cremorne benefits from the following key attributes

4 x 2 bedroom apartments with sunrooms.
Lock-up garages accessible via Florence Lane.
Attractive sunrooms offering an abundance of natural light and ventilation throughout the units.
Opportunity to convert sunroom into third bedroom permitting increased rental return
Set to imminently benefit from potential uplift in planning controls from the state led Low to Mid Rise program providing the opportunity for future redevelopment (STCA).
Scenic city and water views of Sydney Harbour.
Sensational investment opportunity in a highly tenanted area, with a vacancy rate of 1.3% (Cremorne) and 2.1% (Sydney), underwriting the area's strong rental demand.
Convenient bus stops on Florence Street & Spofforth Street providing services to Neutral Bay Wharf, Cremorne Wharf and Military Road.
Nearby Woolworths in Neutral Bay Village is earmarked for a major mixed use development creating a new full-line supermarket, retail, commercial, public plaza and underground parking.
In proximity to North Sydney CBD with access to employment, transport, restaurants, cafes and bars.
Highly desirable harbourside setting surrounded by a plethora of prestigious schools, lavish parks, waterfront walking tracks and neighbourhood amenities creating a village-like ambiance ideal for white collar tenants and young families.
Potential to revert rents, refurbish, strata-title sell down, convert to your dream home or redevelop (STCA).
Affluent suburb with a median house price of $3,667,429* (Core Logic).

14 Florence Street, Cremorne will be sold via Public Auction on Tuesday, 4th of March 2025 from 10:30am (AEDT) onwards at auctionWORKS.

For more information, please contact the exclusive selling agents.

*Approx. Source: SQM Research, Core Logic, Real Estate Investar.
Subject to Council Approval (STCA).