11/98-100A Burns Bay Road, Lane Cove NSW 2066
11/98-100A Burns Bay Road, Lane Cove NSW 2066
1-bed unit with car space | 50 sqm compact footprint | Established strata of 36 lots | Suitable for first-home buyer or investor
This apartment is considered competitively strong for its inclusion of a single car space within a compact 50 square metre layout, a rare find in some older strata complexes. Its position within the established 36-lot building on Burns Bay Road places it at the entry-level end of Lane Cove’s apartment market, where demand from first-home buyers and investors is steady. The unit is well suited to those seeking a low-maintenance foothold in a mature suburban setting with access to local amenities.
The value of this property may be materially influenced by its compact 50 square metre floor area, which limits appeal to those needing more space. Additionally, an absence of verified details regarding its aspect, floor level, or recent upgrades means a buyer’s willingness to pay will depend heavily on an inspection revealing a well-maintained interior. The lack of communal amenity data also introduces a degree of uncertainty that might temper offers until confirmed.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 11/98-100A Burns Bay Road, Lane Cove NSW 2066
Market Insight:
Lane Cove North is a well-established Lower North Shore suburb, favoured by young professional families for its convenience. Demand is driven by this demographic seeking established amenity, though high prices present affordability constraints. The house market has softened recently with extended selling periods, while the unit segment shows relative stability. Future growth is underpinned by its enduring desirability, yet sensitivity to economic cycles and its premium positioning remain key considerations.