310B/76-82 Gordon Cres, Lane Cove North NSW 2066

1 bed, 1 bath, 1 parking | 69m² in a 2013 build | 85% owner-occupied | Auction 20 May This unit sits in a small but well-maintained complex with high owner-occupancy, which typically translates to better common-area care and quieter living. The 69m² internal floor area is generous for a one-bedder, offering genuine livability rather than a shoebox layout. Built in 2013, the building avoids the compliance and defect issues common in older or very recent stock. For a first-home buyer or downsizer wanting a low-maintenance foothold in a suburb with strong schooling and transport, this is a practical option. The rental yield estimate of 4.54% suggests it could also work as a hold-and-lease play, though the current tenancy may limit immediate owner-occupier access. Auction risk is the primary exposure; with only 7 days on market before the first inspection, buyer awareness will be limited, potentially narrowing the field. The 2022 sale at $700k provides a floor, but the mid-estimate of $790k implies a 13% uplift in four years, which may feel ambitious if comparable stock lingers. The upside lies in Lane Cove North’s consistent clearance rates and the unit’s scarcity in a complex with only three recent sales. If you secure it near the low estimate, the property offers a defensible entry point with solid rental cover. Hold for at least five years to let the suburb’s amenity uplift compound.