2/116 Milson Road, Cremorne Point NSW 2090
2/116 Milson Road, Cremorne Point NSW 2090
3-bed townhouse | harbourside peninsula | immaculate renovation | small exclusive building | single car space
This townhouse is considered a rare configuration in Cremorne Point, where the housing stock is dominated by smaller apartments and older semis. Its three-bedroom layout with house-like proportions and a contemporary renovation is well suited to downsizers or professionals seeking harbour-side living without the maintenance of a detached house. The small building of only seven properties contributes to a sense of exclusivity, and the harbourside peninsula setting is a strong draw for owner-occupiers who prioritise prestige and low-density character. The single car space is typical for this property type and is likely sufficient for most households.
The single car space might be seen as a constraint by families requiring additional parking, though this is not uncommon for townhouses in this location. While the renovation is described as current, the lack of verified details on finishes or building age could mean that some maintenance costs may arise sooner than expected. The shared lot size of 1277 mยฒ may limit land value appreciation compared to freehold houses, but the limited supply of similar townhouses in this blue-chip suburb may support price stability. These factors should be weighed when forming a view on value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 2/116 Milson Road, Cremorne Point NSW 2090
Market Insight:
Cremorne Point is a prestigious Lower North Shore enclave, defined by its harbour views and ferry access, attracting affluent professionals, particularly childless couples. Demand is driven by its prestige location and limited housing supply, though recent price trends show significant sensitivity to interest rates, with growth under pressure. Future value is underpinned by its enduring appeal and constrained stock, yet high entry prices and low transaction volumes present notable affordability and liquidity constraints.