85/300A Burns Bay Road, Lane Cove NSW 2066

85/300A Burns Bay Road, Lane Cove NSW 2066
Sixth floor with water views | Tightly held building with long-term owners | Strong rental yield near 5.5% | Recent comparable sales validate demand. This property sits in a well-established complex where the majority of owners hold for over six years, signalling a stable community and limited turnover. The sixth-floor position with water and district views is genuinely uncommon in this price band, giving a buyer a configuration edge over lower or viewless units. For an owner-occupier seeking lifestyle adjacency to parks, cafes, and transport, this offers a rare combination of natural light and privacy. For an investor, the building’s rental yield of 5.57% on a similar unit is above the Lane Cove average, supported by consistent tenant demand. The main risk is the lack of recent renovation data and unknown strata levies, which could compress net return if outgoings are high. The 2005 last sale date means the current owner may have low cost base, but that doesn’t protect a new buyer from future special levies in an older building. The opportunity is clear: if internal condition is sound, the view and floor position justify a premium over the $730k comparable, and the rental potential near $750/week offers a solid holding yield. This property should be bought for lifestyle hold or steady cash flow, not short-term flip.
Detailed Independent Property Report prepared  by PropCred Analyst team for 85/300A Burns Bay Road, Lane Cove NSW 2066
Checks found:
Value Risk ! 1
Liquidity Risk ✕ 2
Planning Risk ✓
Income Risk ! 1
Execution Risk ! 1
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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

2

Bathroom

1

Parking

1

Land

1.41 ha

Research & Review Prepared by Brian Moon, Analyst · Reviewed by Matt Proctor, Principal Analyst
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