AT A GLANCE
10
total lots in this scheme
Managed by Precise Property Strata Management P/L. Located in Mona Vale, NSW. 204 other strata plans nearby
Lots
10
Year built
2004
Last report
—
Boundary sourced from NSW Spatial Services (StrataHub).
About this building
2 Bungan Lane is a 10-lot commercial strata scheme in Mona Vale, registered in 2004 and now about 22 years old. It is managed by Precise Property Strata Management P/L and is one of 205 strata plans in Mona Vale (Northern Beaches council area). Every lot at 2 Bungan Lane (lots 1–10) is part of strata scheme SP72579, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP72579.
Buyer's snapshot
Everything a buyer should know about 2 Bungan Lane, on one page
- A red/amber/green verdict on each risk, with the evidence
- Plain-English summaries of every tribunal and court case
- Questions to ask the agent and strata manager
- A PDF you can forward to your conveyancer
Plan Details
- Plan Number
- SP72579
- Registered
- 2004-05-13
- LGA
- NORTHERN BEACHES
- Postcode
- 2103
Lot Breakdown
- Total Lots
- 10
- Commercial
- 10
Building Age
22
years old
Registered 13 May 2004
Major waterproofing and roofing repairs are common at this age. Review the 10-year capital works plan
Strata Manager
Licence: 1410614
Last AGM: 11 August 2025
About 1 year ago
Annual Reporting
1 Oct 2025
Status
active
Disputes in Mona Vale
No published decision names this building. Across Mona Vale, 5 decisions name a strata plan — spread over 4 buildings.
- NCAT (tribunal)
- 4
- Court
- 1
- Buildings involved
- 4 of 205
NCAT cases are usually internal to a scheme — by-laws, levies, repairs, access to records. Court cases usually involve builders or insurers over defects, because those claims exceed the tribunal's jurisdiction. A per-1,000-lot rate isn't shown: Mona Vale has 2,199 lots, small enough that a single litigious building would move it several-fold. These are published decisions only — most strata disputes settle or are resolved without a judgment, so this is a floor, not a count. See the Mona Vale suburb profile.
Comparable Buildings in Mona Vale
Other strata plans in the same suburb, ordered by similarity in building size.
| Building | Lots |
|---|---|
| 20 Barrenjoey Road SP1453 Managed by PICA Services Pty Ltd | 10 |
| 1626-1628 Pittwater Road SP73504 Managed by PICA Services Pty Ltd | 10 |
| 1658-1660 Pittwater Road SP80146 Managed by PICA Services Pty Ltd | 10 |
| 13 Surfview Road SP975 Managed by Strata Life Pty Ltd | 10 |
| 37 Surfview Road SP575 Managed by PICA Services Pty Ltd | 10 |
| 1777 Pittwater Road SP54570 Managed by Precise Property Strata Management P/L | 10 |
Comparables are other strata plans in Mona Vale with similar lot counts.
More buildings managed by Precise Property Strata Management P/L
- 20 Bungan Street, Mona Vale
SP41837 · 66 lots
- 1 Mona Vale Road, Mona Vale
SP83308 · 30 lots
- 38 Park Street, Mona Vale
SP103786 · 22 lots
- 50 Parkland Road, Mona Vale
SP66199 · 14 lots
- 8 Wilmette Place, Mona Vale
SP33491 · 13 lots
- 4 Rednal Street, Mona Vale
SP4291 · 11 lots
Risk & History
Sales History
Recent Sales
| Date | Unit | Price |
|---|---|---|
| 8 July 2022 | Lot 9 | $423,500 |
| 5 June 2018 | Lot 4 | $315,000 |
| 7 Mar 2016 | Lot 10 | $225,000 |
| 28 June 2013 | Lot 10 | $250,000 |
| 7 Feb 2013 | Lot 5 | $301,400 |
| 19 July 2011 | Lot 3 | $528,000 |
| 6 Dec 2004 | Lot 8 | $286,000 |
| 20 Feb 2004 | Lot 2 | $1,072,500 |
| 18 Feb 2004 | Lot 1 | $808,500 |
| 27 Nov 2003 | Lot 3 | $465,000 |
13 sales total
Source: NSW Valuer General. Prices are as reported in settlement data and may not reflect current market values. Sales marked “Price withheld” are excluded from price calculations.
Development History
Original Construction · 5 storeys · 23 dwellings
Estimated cost: $23.2M · Assessed by Northern Beaches Council
Development Application
DeterminedNearbyDemolition, Shop top housing, Erection of a new structure
PAN-581112
Looking for the builder or developer?
Search for the application number (e.g., PAN-581112) on the NSW Planning Portal Application Tracker to view the full DA details, including the applicant, builder, and principal certifier.
Source: NSW Planning Portal Open Data API (2019+). Earlier development applications may not be available. Items marked "Nearby" were matched by location proximity (within 100m) rather than direct plan number reference.
Crime Statistics
These statistics cover the entire Northern Beaches local government area, not this specific property.
Crime rates in Northern Beaches LGA are significantly lower than the NSW state average. (Oct 2024 - Sep 2025)
Source: NSW Bureau of Crime Statistics and Research (BOCSAR). Rates are per 100,000 population. Rank is out of 119 LGAs (1 = highest rate).
Neighbourhood
Suburb Profile
MONA VALE, NSW 2103
Transport Accessibility
Transport Score: D
Limited public transport access
Nearest Ferry
Newport
2.0km away · ~25 min walk
Bus Stops
18 within 500m · 46 within 1km
Source: Transport for NSW GTFS data (CC BY 3.0 AU). Distances are straight-line (not walking). Walking times assume 80m/min. Transport Score is indicative only.
Short-Term Rentals Nearby
1
Listings within 200m
$299
Median / Night
0
Commercial Hosts
Listing Types
Nearest Listings
Sunny & Large unit in Mona Vale - close to beach.
$299
/night
NSW Short-Term Rental Rules
- •180-day cap for non-hosted short-term rentals in Greater Sydney (60 days in some fire-prone or Byron Shire areas)
- •Strata schemes can ban non-hosted STRA via a Section 137A by-law (requires 75% special resolution)
- •All STR properties must be registered on the NSW STRA Register
Source: Inside Airbnb (CC BY 4.0). Data is from a periodic scrape of Airbnb listings and may not be current. "Commercial hosts" are those with 3+ total listings. "High availability" = listed 180+ days/year.
School Catchment Zones
This property falls within the following NSW government school intake areas.
Primary
Mona Vale PS
primary
Secondary
Pittwater HS
high coed
Source: NSW Department of Education. Catchment zones are updated nightly and subject to change. Visit School Finder for official information.
STRATA MANAGER
Precise Property Strata Management P/L
View profile →
- Licence
- 1410614
- Last AGM
- Aug 2025
- Status
- active
BUILDING BASICS
- Lots
- 10
- Commercial
- 10
- Year built
- 2004
- LGA
- NORTHERN BEACHES