10/47-55 Milson Road, Cremorne Point NSW 2090

3 bed 2 bath apartment | 1971 heritage building | single car space only | Cremorne Point tight hold | potential outlook advantage Located on a large heritage-overlaid site, this three-bedroom unit is configured generously for the Cremorne Point market, making it suited to downsizers and premium owner-occupiers seeking space within a tightly held suburb. The 1971 vintage and stable ownership patterns are considered indicative of low turnover stock, while the area’s harbour-side character and sought-after school catchments are expected to sustain demand from lifestyle-driven buyers. The potential for harbour views, though unconfirmed for this specific apartment, is aligned with the suburb’s premium reputation and could add competitive weight if realised. The single parking space may be a material constraint in this configuration, as similar three-bedroom units with two car spaces appear to attract stronger pricing. The older building vintage might involve less contemporary layouts or common-area finishes, which a buyer should weigh against renovation requirements. The heritage overlay could limit external alterations, though this is typical for established enclaves. The modest yield, reflecting capital-driven demand, should be considered when forming a view on price.