304/640 Mowbray Road W, Lane Cove North NSW 2066

New build | North-facing terrace | Two car spaces | Prestige development | Prime school catchment This unit presents a competitively strong offering within the new-build segment, distinguished by its two on-title car spaces and expansive north-facing terrace—a configuration that is rare and highly functional. Its completion in 2023 under builder warranty minimizes immediate capital expenditure, positioning it for a buyer seeking modern convenience. The inclusion of premium appliances and a study caters directly to professional owner-occupiers, further supported by proximity to top-tier public schools, which underpins long-term demand. The primary cost mechanism is the substantial quarterly strata levy, which directly impacts holding costs and requires budgeting for ongoing amenity maintenance. The absence of recent comparable sales within the building complicates precise valuation, introducing a pricing risk at auction. This property is best acquired for long-term owner-occupation, leveraging its school catchment and quality finishes, rather than for short-term investment where yield data is absent. Proceed with a firm budget that fully accounts for strata overheads.