On July 13 the Lane Cove Council approved the South St Leonards masterplan to allow for high density homes and recently ten owners in one small pocket have all put their homes up for sale.
These ten back to back homes make up 6000 square metres of land and according to CBRE’s Matt Ramsay the sale could bring in upwards of $60M.
This site is a major drawcard as it is a stone’s throw away from the St Leonards train station and the site will also offer harbour and city views.
The site is to go to market next week and could in turn provide the area with more than 200 apartments.
If you are looking to buy a unit or invest in Lane Cove, be smart and get a handover inspection report so we can check for any building defects or incomplete finishes.
Photo by Alpha