Enjoying a prized waterfront reserve location on Sydney's iconic Cremorne Point, this grand residence offers incredible potential for those looking for a project in a world class location. Showcasing timeless period features and capturing stunning views of Mosman Bay, this is an exciting opportunity to create your dream home in an exclusive enclave. Features include: Substantial home on 647m2 with swimming pool on reserve side High ornate ceilings, original hardwood floors, marble fireplaces, leadlight windows Formal & informal living areas, substantial front & rear gardens Large double lock-up garage, separate self contained studio/home office Direct access to Cremorne Point walk, short stroll to ferry wharf A rare opportunity in one of Sydney's finest harbourside locations.