123 Cremorne Road, Cremorne Point NSW 2090

Federation-era renovated entertainer | Commanding 650sqm peninsula parcel | Swimming pool and four-car garage | Neutral Bay Public School catchment The property’s competitive strength lies in its rare combination of a renovated Federation house on a full 650sqm lot within a prime peninsula pocket, a configuration that is increasingly scarce. The swimming pool and four-car garage are genuine differentiators for family buyers seeking both character and utility without immediate renovation work. This property best suits a family prioritising school catchments, space, and a turnkey entertainer layout, as the renovation has removed deferred maintenance risk while preserving period appeal. The heritage overlay introduces a specific risk: any future external alterations or extensions will require council consent, which can delay and add cost to renovation plans. The asking price sits below the lower end of estimated market value, suggesting either a pricing strategy to attract competition or an acknowledgement of the heritage constraint. The buyer’s opportunity is to secure a renovated home on a full-size block in a tightly held location, where land value is the primary long-term driver. Hold this property as a family home and let the peninsula’s structural undersupply of large, renovated houses compound value over a five-to-ten-year horizon.