7 Kareela Road,
Cremorne Point, NSW 2090

Attention astute Investors/Developers-what a location! With spectacular Mosman Bay and harbourfront views, this once grand building awaits a complete makeover or re-development into multiple luxurious residences (STCA). Retaining all the charm of yesteryear - sandstone, soaring patterned ceilings, generous proportions - ground floor comprises 2 apartments - each with 2 bedrooms, sunroom, terrace, sep. sitting/dining rooms, basic kitchen & bathroom. Upstairs features enormous penthouse with 4 bedrooms, 2 bathrooms and sep. sitting, dining, family room and terrace. There is also a 1 bedroom apartment on this level. Most principal rooms enjoy tantalizing views. With garaging plus multiple (permissible) off-street parking spaces, let your imagination run riot!

- Blue ribbon, harbourfront setting
- Redevelop into (stca)luxurious homes
- Entire building comprises 4 flats
- Two x 2 bedroom + sunroom units
- One x 1 bedroom unit
- One x 4 bedroom, 2 bathroom unit
- Lock up garaging + multiple o/s parking
- A unique offering - don't miss it!

Water rates: $888 pq (depends on usage)
Council rates: $633 pq
Land size: 430 sqm