1/1-5 Lynbara Avenue, St Ives NSW 2075

3 bed, 2 bath, 2 park unit | 225m² internal, large for apartment | St Ives, Ku-ring-gai Council | 70% owner-occupied complex | Auction 30 May. This unit offers a rare configuration advantage: a 225m² internal area is unusually spacious for a three-bedroom apartment, effectively providing townhouse-like living space within a strata title. The 70% owner-occupied complex indicates a stable, well-maintained environment that typically attracts discerning buyers and supports capital preservation. Its positioning in St Ives, within catchment for both St Ives Public and High Schools, serves families seeking a low-maintenance footprint without sacrificing school access. The two parking spaces further strengthen its appeal to owner-occupiers, as this combination of size, parking, and complex quality is infrequently available in this market. The primary risk lies in the unit’s land allocation: the 4042-4043m² lot is the entire strata scheme, meaning this unit holds only a proportional share, limiting land-value leverage compared to a house. The 4.68% annual growth on a comparable unit suggests steady but not exceptional capital appreciation. An opportunity exists if the auction attracts limited bidding, as the property has been listed only five days, potentially allowing a buyer to secure it below the comparable $1.76M sale in the same complex. For a buyer, hold this property for its liveability and family appeal, not speculative land uplift, and treat it as a long-term home or stable rental yielding near 3.8%.