Back 2/394 Mowbray Road
Off Market

2/394 Mowbray Road

Lane Cove NSW 2066

1
1
1
Apartment
Last sold for $421,000
Scott HoddinottScott Hoddinott, last sold this property on 05 September 2013 after 19 days on market.

Overview

1 bedroom or potential to make it 2 bedrooms

Spacious 1 bedder, Quiet at back of block, loads of potential **enter from Lynvale Close** Peaceful, leafy outlook with a spacious interior at the back of the block, makes this 1 bedroom security unit a fabulous first home or great investment. Perfectly located with buses at your doorstep and within walking distance to train stations of Artarmon or Chatswood. * Large lounge with separate dining * Balcony * Near original kitchen * Near original bathroom with separate shower & bath * Allocated undercover car space * Located on the first floor with security intercom to block * Currently leased at $370 per week This is a wonderful opportunity for someone who is clever. Under the current configuration this is a 1 bedroom unit which comprises a large lounge with dining nook, balcony, a near original kitchen, and near original bathroom. Should you consider this transformation you will need to renovate, discuss with body corporate and or council to see if approval is required or not. The unit is currently leased until end of November @$370pw, with the tenant desiring to stay. Should you wish vacant possession usual notices will be required. However having a tenant gives you an income whilst you consider the possibilities. Inspections as advertised only Saturday 10.00am - 10.45am Don't be shy, owner is willing to sell before auction if the price is right, so bring your tradesperson, solicitor, brother, sister or whomever you wish for another opinion, as an opportunity like this is rare. Details Scott Hoddinott 0425 211 211 or Nathan Mainhoff 0488 783 888

Features

1 bedroom
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Lane Cove over the last 12 months, the estimated median property value of 2/394 Mowbray Road is $732.5k.

Median value
$732.5k
Estimated value range
$577k - $1.07m
Median days on market
22
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lane Cove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/394 Mowbray Road

2024
Rented
Undisclosed
Leased on 05 Jun 2024 by Tracy Yap Realty | Epping
2022
Rented
Undisclosed
Leased on 23 May 2022 by Tracy Yap Realty | North Shore
2017
Rented
Undisclosed
Leased on 06 Mar 2017 by McGrath Willoughby

Happy sellers in Lane Cove

86%
86% of sellers in Lane Cove reported that their sale price either exceeded or met their price expectations.

Lane Cove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 90 reviews in Lane Cove over the last 12 months.

Local market activity for 1 bedroom apartments in Lane Cove

In the last 12 months, 45 one-bedroom apartments similar to 2/394 Mowbray Road, have been sold.

This represents a 7% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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