41/300A Burns Bay Road, Lane Cove NSW 2066

41/300A Burns Bay Road, Lane Cove NSW 2066
Three-bedroom full-brick apartment | Burns Bay water and park views | Comprehensive renovation completed | Rare dual parking in prestigious Towers complex The property presents a compelling buying case for those seeking a turn-key waterside residence in Lane Cove, with its full-brick construction and 125-square-metre layout offering a durability and spatial generosity rarely found in contemporary apartment stock. The comprehensive renovation removes the need for immediate capital outlay, while the elevated position within the Towers complex ensures privacy and uninterrupted views across parkland to Burns Bayโ€”a configuration that typically commands a premium in this tightly held enclave. This unit is best suited to owner-occupiers prioritising scale, natural light, and a ready-to-occupy condition, rather than investors seeking short-term yield. The primary risk lies in the 1973 build date, which may introduce higher strata levies or future special levies for common property upgrades, though the full-brick construction mitigates major structural concerns. The absence of recorded sales between 2014 and the current listing suggests low turnover in this specific complex, which can be interpreted as either stable owner-occupancy or limited liquidityโ€”buyers should verify recent comparable sales in the immediate building. The opportunity is in securing a renovated three-bedroom apartment with dual parking and water views in a suburb where similar stock is infrequently available, providing a defensive position in a market that values scarcity and location over speculative growth.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 41/300A Burns Bay Road, Lane Cove NSW 2066
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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

Bedrooms

3

Bathroom

2

Parking

2

Land

1.41 ha

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