7/99 Kurraba Road, Kurraba Point NSW 2089
7/99 Kurraba Road, Kurraba Point NSW 2089
Absolute waterfront on exclusive Kurraba Point | Two-level apartment with private slipway | Rare harbourside landholding | Exceptional panoramic Sydney Harbour views
This property presents a rare buying opportunity within a tightly held peninsula enclave, offering absolute waterfront positioning with direct slipway access and a 39sqm harbour terrace. The two-level configuration across 248sqm provides genuine separation of living and sleeping quarters, which is uncommon in apartment offerings at this price point. The 2,089sqm landholding shared among only 15 residences ensures low density and maintained exclusivity. Buyers seeking a primary residence with immediate harbour access and strong lifestyle credentials will find this property competitively positioned against freestanding waterfront homes at a fraction of the entry cost. The proximity to Kurraba Point Wharf and Cremorne Point Walk adds daily utility.
The primary risk is the lack of recent comparable sales data in this specific building, making valuation precision difficult despite the Domain estimate range. The rental yield below 2.2% signals this is best held as a long-term owner-occupied residence rather than an investment. Heritage or flood risks are absent, but buyers should verify strata levies and sinking fund status given the shared slipway and pool. The property suits a discerning owner-occupier who values uninterrupted views and immediate water access over capital growth arbitrage. Hold as a permanent home and benefit from Sydney Harbour’s enduring scarcity.
Detailed Independent Property Report prepared by PropCred Analyst team for 7/99 Kurraba Road, Kurraba Point NSW 2089
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Kurraba Point presents a complex and currently volatile market, positioned as a middle-class professional enclave. Recent price trends indicate significant downward pressure, particularly within the unit segment, suggesting a market in correction. Demand is anchored by a core demographic of working professionals, though this has not insulated values from sharp declines. Key risks centre on this demonstrated price sensitivity and affordability constraints following the substantial devaluation, while future stability will depend on the suburb’s ability to retain its professional base amidst these challenging conditions.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
2
Land
2089m²
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