Positioned in a sought-after Mosman address, this expansive freestanding property consists of a collection of six boutique apartments. 

Situated on a generous 517sqm parcel, it offers income potential, plus the option to reconfigure as a grand family residence.

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“This property offers so many options!” Dino Gatti told LUXURY LIST. 

“Its location in a sought-after street amongst ‘the avenues’ lends itself to a conversion back into a grand federation. In the current set up of 6 self-contained apartments [configured as 7] it generates a very respectable $150,000 per annum return (approx.). You could easily live in the rear 2 apartments and have your own private garden and parking, whilst renting out the remaining 5 apartments as income or AirBNB. With the Mosman Medical Centre is footsteps away, turning this house in professional health consulting rooms can be another possibility [subject to council approval].”

“Properties like 12 Melrose St Mosman do not come to market often – yet alone in such a desirable location close to CBD transport Cremorne/ Mosman Villages.”

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Zoned R3 medium density, FSR 0.6 to 1 and height limit of 8.5m, the double storey layout is approved by Council for multiple dwellings, with all units including separate hot water systems and separately metered. 

Designer kitchens, timber floors, and modern bathrooms throughout, as well as a sun washed backyard and beautiful character façade.

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Nearby to the best of both Cremorne and Mosman Villages, the property is set within a moment's stroll of shops and city buses.

To arrange a private inspection or enquire about a price guide phone or email Dino Gatti of The Agency or Adrian Garcia of The Agency via the contact form below. 

To view the listing or for more information click here.

See more luxury Sydney real estate:

1920s 'Glenrock' Huntleys Point home for sale - The Agency

Mosman family home for sale with bay views - The Agency

Architect’s beloved Ashfield family home for sale - The Agency