2/111-113 Burns Bay Road, Lane Cove NSW 2066

2/111-113 Burns Bay Road, Lane Cove NSW 2066
2-bed 2-car low-rise | 115 m² generous plan | 1971 full-brick build | Lane Cove village walkable | dated but solid A generously proportioned 115 m² two-bedroom apartment is offered within a 1971 full-brick low-rise complex on a landscaped 1,865 m² site. That scale is uncommon in Lane Cove, where newer stock is smaller and denser. Two secure car spaces are considered a clear edge over competing units, and lifestyle appeal is anchored by the walk-to-village position, with cafes, shops and transport close by. The property is built to a solid standard typical of its era and is best suited to downsizers, professional couples and small households seeking a low-maintenance home with real room and garden outlook rather than high-rise living. The 1971 construction date means a buyer’s price view may hinge largely on internal condition; a dated interior might trade below recent renovated sales. The advertised 115 m² could include balcony and parking, so verified measurements matter. Floor level and aspect may influence light and outlook. Strata levies and any planned capital works are worth confirming.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/111-113 Burns Bay Road, Lane Cove NSW 2066
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk ! 1
Income Risk
Execution Risk
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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.
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PropCred Estimated Value

Comparable Sales: 14/111-113 Burns Bay Road, renovated top-floor corner, 77 m², sold $1.06M Dec 2024 | Property Price Band: $1.0M–$1.1M | Value Drivers: condition, verified internal size, floor level and outlook

Bedrooms

2

Bathroom

1

Parking

2

Land

1865m²

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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