152 Burns Bay Road Lane Cove, 2066 NSW

Rare Lane Cove Investment with Income, Lifestyle & Future Potential

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A tightly held Lane Cove holding combining established commercial income, a substantial luxury residence, separate strata titles and panoramic treetop views - with exciting potential for the future.

Prominently positioned on the corner of Burns Bay Road, 152 Burns Bay Road presents a rare opportunity to secure a property offering both strong commercial income and sophisticated residential living in one of Lane Cove's most tightly held locations.

Offered to the market for the first time in almost three decades, the property comprises an established commercial premises on the ground floor and a beautifully appointed, fully self-contained three-bedroom residence above.

The ground floor is leased to the established Lane Cove Compounding and Wellness Chemist, a long-standing local business serving the community since 1985. The current tenancy provides rental income of more than $100,000 per annum plus outgoings, creating a substantial income stream from day one.

Above, the impressive residence provides an entirely different experience - a private and peaceful sanctuary with generous proportions, abundant natural light and panoramic district, leafy and treetop views.

Two Assets. One Exceptional Opportunity.
The upstairs residence is a genuine lifestyle offering featuring:
• Three generous bedrooms
• Expansive open-plan living and dining
• Gourmet kitchen
• Entertaining balcony of more than 40sqm
• Panoramic treetop, leafy and district outlooks
• Peaceful and private elevated position
• Substantial garaging and storage
• Additional rear space offering scope to further enhance the property, subject to approvals

The enormous balcony creates an exceptional outdoor living environment - perfect for entertaining, relaxing or simply enjoying the surrounding treetops and outlook.
Despite its prominent Burns Bay Road address, the residence enjoys a wonderful sense of privacy and tranquillity.

A Genuine Live-In Investment
For an owner-occupier, the proposition is particularly compelling.

Live in a substantial three-bedroom residence with expansive living areas, a huge entertaining balcony and panoramic views, while the established commercial tenancy below provides a significant passive income stream.

It is a rare opportunity to combine home and investment under one ownership, with the potential for the commercial component to contribute meaningfully towards the property's holding costs.

For the investor, the property offers diversification through two distinct uses - an established commercial tenancy complemented by a substantial residential component.

Separately Strata Titled - Built-In Flexibility
The property is separately strata titled, comprising two individually identifiable strata lots under SP73689, registered in 2004.
Offered for sale as one complete holding, the purchaser acquires both the commercial and residential components together while retaining the flexibility provided by separate strata titles.

A Property with History - and a Future
Public property records indicate the property last changed hands in September 1999.
Almost three decades later, 152 Burns Bay Road is being presented to a new generation of owners.

Beyond its immediate income and lifestyle appeal, the property's prominent position and substantial holding provide an opportunity for an astute purchaser to investigate its longer-term redevelopment potential, subject to planning controls, feasibility and all necessary approvals.

There may also be scope to explore future opportunities in conjunction with neighbouring ownership interests, potentially creating a significantly larger development proposition.

Everything You Need at Your Door
The Burns Bay Road location places a wide range of everyday amenities and professional services within easy reach, including Burns Bay Medical Centre, physiotherapy, paediatric and allied health services, dental and chiropractic services.

Convenience is further enhanced by nearby everyday services including a laundromat, while dining options include Zapparelli's Pizza and Bar Asia, offering a variety of casual and Asian food choices.

The Opportunity
Properties combining commercial income, substantial residential accommodation, separate strata titles, prominent positioning, panoramic treetop views and future potential are exceptionally difficult to find.

Live in it. Invest in it. Hold it. Explore its future.
152 Burns Bay Road offers the rare combination of an established income stream, a remarkable private residence and the potential to create something even greater over time.

Prominent. Established. Income-producing. Flexible.
Offered for sale as one complete holding comprising two separately strata-titled lots.

Inspection is highly recommended to fully appreciate the scale, quality, outlook and versatility of this exceptional Lane Cove property.

Disclaimer: Forsyth Real Estate believes that this information is correct but it does not warrant or guarantee its accuracy. Certain information has been obtained from external sources. All interested parties should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. Figures may be subject to change without notice.

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