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CBRE - Sydney

2 Sutherland Street Cremorne, NSW 2090

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2 Sutherland Street,
Cremorne, NSW 2090

Development Sites & Land • Other

Key property information

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CBRE - Sydney

CBRE - Sydney

Level 21, 363 George Street
SYDNEY, NSW 2000
02 9333 33...
CBRE - Sydney
2 Sutherland Street
Cremorne, NSW 2090

Map of 2 Sutherland Street

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DECEASED ESTATE

  • Apartment block to be sold in-one-line
  • Significant development potential
  • Water views over Willoughby Bay
CBRE as the exclusive sales agent is pleased to present 2 Sutherland Street, Cremorne. The property is a well maintained three storey residential apartment block sitting on a large 1,235sqm* parcel of land with significant development potential. The property commands an elevated position enjoying breath taking views of Cammeray Golf Course and water views of Willoughby Bay. Boasting a north westerly aspect & 3 street frontages, the property is bathed in natural light.

The property benefits from the following key attributes:
• 22 unit apartment block with 21 car spaces
• 944sqm* of NSA
• Significant luxury development opportunity
• R4 High Density Residential Zoning with 12m Height Limit
• Enjoying water views over Willoughby Bay and views Cammeray Golf Course
• Ideally located in an affluent downsizer market
• Easily accessible by three street frontages
• Highly sought-after suburb close to Sydney CBD
• Within walking distance to local transport, Cremorne retail strip, restaurants and schools.


2 Sutherland Street, Cremorne will be sold via expressions of interest closing on Wednesday, 16 October 2019 at 4:00pm.

For more information or to request access to the due diligence room, please contact the exclusive selling agents.

*Approximate

Cremorne, 2090 demographic data

The median household income for Cremorne is $2,481, 19% higher than Greater Sydney's household income of $2,077. Cremorne has an older age profile compared to the rest of Greater Sydney (median age 40 vs 37). Property ownership data shows 43% of property owners in Cremorne have a mortgage.

11,263
Population
$2,481 per week
Median household income
40 years
Median age
Owners
Most residents
Families
Most households
CBRE - Sydney
Level 21, 363 George Street
SYDNEY, NSW 2000

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