FOR SALE
For Sale | $2,900,000

98 Penrose Street
Lane Cove NSW 2066

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 582m2
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GOLDEN SLICE OF LANE COVE

A golden opportunity nestled in the most exclusive blue ribbon pocket of Lane Cove, directly opposite the popular Blackman Park. This property offers your family the ultimate peaceful setting you've been seeking. An unrivaled opportunity awaits to secure this original, fully double brick gem, presenting a perfect blank canvas for renovation, adding a second level, or rebuilding your dream home (subject to council approval) in an unmatched location.
Enjoying a serene ambiance, yet surrounded by Lane Cove's wide array of exceptional lifestyle advantages including vibrant restaurants, cafes, shops, leading schools, and swift CBD access, this property features:
• Directly across the road to the highly sought-after Blackman Park
• Rare 18.28m wide frontage
• 4 bedrooms, main with ensuite, plus a study
• Original charming bathroom
• Richly grained original timber floors throughout
• High ceilings and original features, bathed in natural light
• Laundry facilities
• Lock-up garage
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Property Details for 98 Penrose St, Lane Cove

98 Penrose St, Lane Cove is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 582m2. The place is currently for sale with Power Property Group.

Building Type
House
Land Size
582m2

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About Lane Cove 2066

The size of Lane Cove is approximately 2.6 square kilometres. It has 16 parks covering nearly 14.6% of total area. The population of Lane Cove in 2011 was 9,473 people. By 2016 the population was 10,824 showing a population growth of 14.3% in the area during that time. The predominant age group in Lane Cove is 30-39 years. Households in Lane Cove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lane Cove work in a professional occupation. In 2011, 65.5% of the homes in Lane Cove were owner-occupied compared with 60.5% in 2016.

Lane Cove has 7,227 properties. Over the last 5 years, Houses in Lane Cove have seen a 61.49% increase in median value, while Units have seen a 25.88% increase. As at 31 July 2024:

  • The median value for Houses in Lane Cove is $3,006,628 while the median value for Units is $937,403.
  • Houses have a median rent of $1,000 while Units have a median rent of $690.
There are currently 47 properties listed for sale, and 37 properties listed for rent in Lane cove on OnTheHouse. According to CoreLogic's data, 328 properties were sold in the past 12 months in Lane cove.

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Peter Gribilas
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Kristian Contos
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Power Property Group
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