SOLD
Sold on 06 Oct 2023 for $1,500,000

3/127-131 Burns Bay Road
Lane Cove NSW 2066

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 96m2
Land area: 3889m2
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Property Details for 3/127-131 Burns Bay Rd, Lane Cove

3/127-131 Burns Bay Rd, Lane Cove is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1971. The property has a land size of 3889m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom Unit sold in Lane Cove in the last 12 months.

Building Type
Unit
Year Built
1971
Floor Size
96m2
Land Size
3889m2
Local Government
Lane Cove
Lot/Plan
3/SP5279

Last Listing description (January 2022)

A high-calibre renovation and house-like proportions are the hallmarks of this wow-factor apartment which basks in a coveted northeasterly corner position on the top-floor of the acclaimed 'Lane Cove Gardens' complex. Bathed in tree-fringed vistas, framed by a wraparound balcony designed for entertaining, it delivers a desirable lifestyle or investment opportunity in a premier village setting. Meticulously transformed with premium finishes and fixtures, highlighted by a gourmet CaesarStone and European-appointed kitchen, luxury bathroom and statement pendant lighting, this is a home tailored for those who demand the best. Embracing a spacious living area, with windows on three sides and an ambience more akin to a private villa, from here take advantage of the exceptional array of cafs, boutique shops and restaurants that await at your door. Adjacent to Nichols Reserve and mere footsteps to express city buses, it ticks all the boxes for young families and busy professionals alike.

- Top-floor corner position takes full advantage of its sunny northeasterly aspect
- Expansive open plan living extending to the stunning wraparound private balcony

- Custom CaesarStone kitchen fitted with premium polyurethane shaker doors
- High-end appliances include an AEG steam self-cleaning oven and induction cooktop
- Asko dishwasher, black granite quartz double sink and black accent tapware
- Huge wraparound balcony with artificial turf includes an all-weather dining terrace
- Three bright and spacious bedrooms includes a spacious master with balcony access
- Fitted mirrored robes and reverse cycle air conditioning in the master bedroom
- Deluxe bathroom with tub, walk-in rainshower, heated towel rail and black tapware
- Designer laundry with custom joinery and abundant storage
- New flooring in the living area, LED downlights, dimmers and feature pendant lighting in the living and master
- Two-car lock-up garage set within a low-rise full brick complex of just 36 apartments
- Footsteps to express city buses and a leisurely 800m stroll to the vibrant village hub

Property History for 3/127-131 Burns Bay Rd, Lane Cove, NSW 2066

A timeline of how this property has performed in the market
Last Sold
$1,500,000
06 Oct 2023
Listed for Rent
$385/w
02 Dec 2005
  • 06 Oct 2023
    Sold for $1,500,000
  • 22 Nov 2021
    Listed for Sale Inspect by Private Appointment
  • 02 May 2018
    Sold for $1,145,000
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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 7,272 properties. Over the last 5 years, Houses in Lane Cove have seen a 58.45% increase in median value, while Units have seen a 23.19% increase. As at 31 August 2024:

  • The median value for Houses in Lane Cove is $3,020,456 while the median value for Units is $950,659.
  • Houses have a median rent of $1,050 while Units have a median rent of $695.
There are currently 49 properties listed for sale, and 51 properties listed for rent in Lane cove on OnTheHouse. According to CoreLogic's data, 330 properties were sold in the past 12 months in Lane cove.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.