1/1 Wulworra Avenue Cremorne Point NSW 2090

3 bed apartment on 376m² lot|Heritage precinct edge|Neutral Bay school catchment|$2.2M est value|For sale now. This three-bedroom apartment on a 376sqm lot suits downsizers or couples seeking spacious low-maintenance living near waterfront amenities. The generous land allocation sets it apart from typical units in the street, offering rare scale for an apartment with secure parking and outdoor space. Positioned in a heritage overlay area, it appeals to buyers valuing preserved character without the upkeep of freestanding homes. Practical features like reverse-cycle air con and NBN support comfortable year-round living for remote workers or retirees. In Cremorne Point’s tight market, similar three-bedroom units hold steady against -1% suburb growth, buoyed by school catchments drawing families. Its 126m² build provides versatile living areas including a study, fitting professionals needing home office flexibility. Long-term appeal stems from the peninsula location’s scarcity and reliable 5G coverage, ensuring holding value amid rising demand for established stock. Buyers here often trade up from smaller units, prioritizing lot size over extra bathrooms. Market data shows comparable sales clustering around $2M, positioning this as competitively priced for its attributes.