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 2024 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).