44/81B Gerard Street, Cremorne NSW 2090

2-bed unit in Cremorne | 110m² internal | covered balcony | part of active 32-unit complex | auction 23 May 2026 This unit offers a genuinely competitive edge in the Cremorne market through its 110m² internal area, which is 15m² larger than the recent comparable sale in the same complex. That extra space, combined with a covered balcony and Caesarstone kitchen, positions it as a rare configuration for buyers seeking a genuinely livable two-bedroom apartment rather than a compact investment unit. The complex’s 65% owner-occupier ratio and low turnover (three sales in the complex’s history) signal stable demand and limited supply, which favours a buyer who intends to hold. The property suits owner-occupiers prioritising space and natural light over a premium address, or investors targeting long-term capital growth in a tight market. The primary risk is the building’s 1978 construction date, which may introduce strata levy volatility or future capital works contributions, though no defects have been flagged. The auction method and absence of a guide price create uncertainty; a pre-auction offer could secure the property below peak if vendor expectations are not met, but overbidding is possible if demand is strong. The lack of heritage or environmental overlays is neutral but removes a potential buyer objection. Hold this property for medium-term capital growth driven by Cremorne’s undersupplied unit market and its functional layout, which will remain desirable as buyers trade up from smaller apartments.