7/6 Bannerman Street, Cremorne NSW 2090

Quiet low-density block | 111sqm internal with open car space | flood and heritage overlays flagged | owner-occupier heavy building This unit sits in a rare configuration for Cremorne: a small 12-residence block on a large 1457sqm lot, giving buyers a low-density footprint with substantial internal space. The 111sqm floorplan is generous for a two-bedroom apartment, and the open car space adds practical daily value. With 60% owner-occupiers and half long-term residents, the building’s social fabric supports stable capital growth and lower turnover risk. The property suits an owner-occupier seeking a genuine home in a tight inner-north market, or a long-hold investor targeting low-vacancy rental demand. The flood and heritage overlays introduce constraints that may limit future renovation scope or strata modification, and buyers should factor legal due diligence costs before exchange. The 2019 purchase date means the current owner may have held through a period of price adjustment, so vendor motivation could be negotiable. Rental yield at $975/week against a $1.5 million guide sits below 3.5%, which is acceptable for blue-chip location but not high-yield. Hold this property as a primary residence or medium-term hold , the floorplan and building quality will outperform generic new builds in resale.