Lane Cove Vacant Lot For $21.1 Million

lane cove tree

A vacant lot in Sydney North Shore suburb, Lane Cove North, has defied the market slowdown by selling at auction for $21.1 million.

At the moment it’s just a patch of concrete measuring over 3000 metres square, however, it has been zoned as a High Density Residential area.

The Lane Cove North corner block has the potential to be developed into just short of 100 apartments and locals of the North Shore are excited to see the transformation.

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Photo by Yun Huang Yong