50 Grasmere Lane, Cremorne NSW 2090

DA Approved Boutique Development Site With Views

House
Type
4
Bedrooms
3
Bathrooms
3
Parkings

Last updated on Saturday, March 28, 2026 ( See property details for 50 Grasmere Lane, Cremorne NSW 2090)

$6,000,000

Tim Abbott Director | Projects & Developments
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare development opportunity in Cremorne offering approved plans for three luxurious apartments with Harbour views and prime location convenience.

🏑 Property Highlights

  • DA approval in place for three spacious apartments with Middle Harbour views
  • Exceptional location just a short stroll to Neutral Bay shopping, parks, and golf club
  • Ready-to-construct site with approved plans for a 5-level residential building
  • Includes a car elevator and over 15 metres of street frontage for privacy and access
  • Ideal for boutique developers seeking a low-maintenance, high-end residential community
  • Close proximity to Balmoral Beach and Sydney CBD for lifestyle convenience

✨ Key Features

  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
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50 Grasmere Lane
Cremorne, NSW 2090
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Vertical aerial view β€” 50 Grasmere Lane
50 Grasmere Lane — Vertical Aerial  •  Cremorne, NSW 2090  •  Nearmap © 2026

Cremorne is a highly sought-after suburb renowned for its stunning Middle Harbour views, vibrant local amenities, and proximity to Balmoral Beach. Residents enjoy a relaxed coastal lifestyle combined with excellent transport links to Sydney CBD. The area boasts a range of quality schools, parks, and recreational facilities, making it ideal for families and professionals alike. With its blend of scenic beauty and urban convenience, Cremorne offers a premier lifestyle destination for discerning buyers.

What is the current status of the development approval?
The property has DA approval in place for three spacious apartments, with plans ready for construction to commence.
What are the key features of the approved apartments?
The apartments include a penthouse with private lift and large terraces, a single-level 3-bedroom apartment, and a garden 3-bedroom plus rumpus apartment, all with high-quality finishes and Harbour views.
How accessible is the location for daily commuting?
The property is conveniently located near Military Road with access to city transport links, and is just 5.5km from Sydney CBD.
What amenities are nearby?
Nearby amenities include Neutral Bay shopping precinct, Primrose Park, Cammeray Golf Club, and Balmoral Beach, providing a range of recreational and retail options.
Is the site suitable for boutique development?
Yes, the site is ideal for boutique developers seeking a low-maintenance, high-end residential community with stunning Harbour views.
Are there any additional costs or fees associated with the development approval process? Have all necessary permits and approvals been obtained for construction? Are there any zoning restrictions or easements affecting the property? What are the potential costs for site preparation and construction? Is there any history of flooding or bushfire risk in the area? Are there any planned nearby developments that could impact the view or privacy? What are the strata or body corporate considerations for future residents? Are there any existing defects or issues with the current site or plans? What are the ongoing maintenance or service costs for the development? Is the property compliant with all local building codes and regulations?

50 Grasmere Lane, Cremorne NSW 2090 - More Details

DA Approved Boutique Development Site With Views

Ray White Lower North Shore Projects and Developments are pleased to present 50 Grasmere Lane, Cremorne for Sale by Expression of Interest.

50 Grasmere Lane, Cremorne, has DA approval in place for three spacious apartments, with Middle Harbour views and a Northern aspect. This small-scale offering provides an exceptional opportunity for boutique developers to create a residential community where residents can truly connect.

The approval is for a residential building of 5 levels with 2 levels of basement car parking.

The apartments are perfectly suited to affluent downsizers wanting large-scale, low-maintenance living.

The architectural scheme by Floris Smith Architecture includes 5 residential car spaces and one visitor space, with storage for all apartments.

The development includes:
β€’ Apartment 1 (Penthouse) - 4 bedroom 2 level apartment, 211.19 sqm internally, 4 bathrooms, internal private lift, 2 car spaces and 2 large north-facing terraces.
β€’ Apartment 2 - 3 bedroom single-level apartment, 146.5.8 sqm internally, 3.5 bathrooms, 1 car space, large north-facing terrace
β€’ Apartment 3 - 3 bedroom + rumpus 2 level garden apartment, 243.41 sqm internally, 3.5 bathrooms, 2 car spaces north-facing terrace and garden on title.

The property incorporates a car elevator and enjoys over 15 metres of street frontage to quiet Grasmere Lane, with an additional small amount of frontage to Grasmere Rd for services and stormwater. The site is ready for construction to commence.

The existing property is a charming federation home, enjoying 4 bedrooms + rumpus, 2.5 bathrooms, 3 car spaces, and north facing entertaining deck with Middle Harbour views. The property is currently rented out, yielding a significant income.

Located for unparalleled lifestyle, this popular enclave offers exceptional convenience. It's just a short stroll to Neutral Bay shopping precinct, Primrose Park, and Cammeray Golf Club. In addition, access to city transport links on Military Road. Furthermore, the allure of Balmoral Beach is just 3.5km from your doorstep, with Sydney CBD a mere 5.5km commute. Surrounded by quality real estate and excellent schools, this location promises strong buyer demand for a thoughtfully designed residential offering.

The property is offered for Sale via Expressions of Interest closing at 5pm, Wednesday 25th March 2026.

* All figures are approximate.

* All information contained herein is gathered from sources we consider to be reliable, however we cannot guarantee or give any warranty to the information provided.

Looking for a home loan? Contact Loan Market's Matt Clayton, our preferred broker. He doesn't work for the banks, he works for you. Call him on 0414 877 333 or visit https://broker.loanmarket.com.au/lower-north-shore/

For more information or to arrange a private inspection, please contact James Harding 0410 330 666 or Tim Abbott 0425 285 833.
Type
House
Bedrooms
4
Bathrooms
3
Parkings
3
Area
0.0

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