402/290 Burns Bay Road Lane Cove NSW 2066

1 bed apartment |Auction guide $650k |Est value $726k-$770k |Fresh to market|This one-bedroom apartment with secure parking in a 1995m² strata complex suits singles or couples prioritising school access and urban convenience. Positioned on the fourth floor, it delivers straightforward low-maintenance living with NBN fibre connectivity and 5G coverage, ideal for remote workers or downsizers. Within the building’s residential lot, it shares no significant overlays for bushfire, flood or heritage risks, supporting stable insurability. Buyers drawn to such units often include first-home purchasers or investors eyeing Lane Cove’s rental demand near Lane Cove West Public School. Comparable one-bedroom apartments here have held value steadily since the last sale in 2017, reflecting the suburb’s appeal to steady-income professionals. The auction guide sits below some estimates, potentially drawing competitive bids from those valuing the 1.15km school proximity. Long-term, its position in a council-approved residential zone underpins holding appeal amid limited supply of secure parking units. Market behaviour for similar flats shows resilience, with quick turnarounds when priced accessibly. This setup positions it well for buyers seeking reliable entry into a catchment-backed locale.