CBRE as the exclusive sales agent are pleased to present to market 71A Burns Bay Road, Lane Cove. The property comprises two oversized apartments boasting 3 generous bedrooms, expansive open plan living areas, and a sensational sun-drenched balcony and rear courtyard overlooking the surrounding lavish garden and yard. Commanding a total site area of 493.3sqm*, the property enjoys bus services on the front door to Sydney CBD, Chatswood, Burwood and Gladesville.
The vibrant Lane Cove Market Square is just a short level stroll away offering abundant boutique retail stores, popular cafes and eateries. The enchanting location is enhanced by its proximity to prestigious schools, transport, shops, parks, reserves, golf courses, wharves and serene riverside walks. Highly affluent white-collar professionals and families are the predominant demographic in Lane Cove, with the weekly median household income 59% above the NSW average. Additionally, 34.9% of Lane Cove's population are currently renting, underwriting the area's strong rental demand. 71A Burns Bay Road presents the opportunity to refurbish and reposition, strata title, or redevelop to capitalise on the site's substantial development potential (STCA).
71A Burns Bay Road, Lane Cove benefits from the following key attributes:
Two oversized 3 bedroom apartments infused in natural lights
Expansive open plan living spaces
Sensational sun-drenched balcony
Lavish greenery offering fantastic privacy
Bus stop at the doorstep offering services to the city, Chatswood, Burwood and Gladesville
Conveniently located footsteps from the lively Lane Cove Market Square with its many popular boutique retail stores, cafes and eateries
Offers the opportunity to refurbish and reposition, strata title, or redevelop to capitalise on the site's substantial development potential (STCA).
Zoned R4 High Density Residential
Site Area: 493.3sqm*
Potential GFA: 394.64sqm*
Charming location in proximity to prestigious schools, transport, shops, parks, reserves, golf courses, wharves and serene riverside walks.
71A Burns Bay Road, Lane Cove will be sold via an online Public Auction at auctionWORKS on Tuesday 21 September 2021 at 10:30am (registration, livestream & online bidding will be available)
Inspections to be held by appointment as per COVID-19 Greater Sydney restriction requirements. Please enquire directly with the exclusive agents to arrange a private viewing.
For more information or to request access to the due diligence room, please contact the exclusive selling agents.
*Approx.
