3/6 Murray Street, Lane Cove North NSW 2066

2 bed 1 bath 1 car | solid lower north shore location | good school catchments | active owner-occupier building This unit is positioned in a building with a healthy 55% owner-occupier rate, which typically supports better maintenance and capital stability than investor-heavy blocks. The 75m² floorplan with balcony and floorboards offers genuine liveability for a first home buyer or downsizer, and the Mowbray Public and Chatswood High catchment adds long-term resale depth. The asking sits within the building’s recent sales range, meaning there is no obvious premium to negotiate off, but equally no discount baked in. The main risk is the 2014 purchase price and subsequent 2016 transfer—without a recent renovation, this unit may feel dated compared to higher-selling neighbours. Verify strata levies and the sinking fund, as older buildings can carry deferred maintenance. The 45% renter mix suggests some investor churn, but the 4.09% yield on a comparable unit confirms rental demand is adequate. For an owner-occupier, this is a hold-and-enjoy proposition; for an investor, it works as a steady cash-flow play if bought at or below the mid-point of comparable sales.