18/2-14 Pacific Highway, Roseville NSW 2069

18/2-14 Pacific Highway, Roseville NSW 2069
3-bed flat, Roseville North Shore | 3-car parking rare | 58% clearance market | Ku-ring-gai council, good catchment The case for this property rests on its parking allocation and floor plan configuration, which are uncommon for a flat apartment in this price tier and give it a competitive edge against townhouses in the area. Two secure garage spaces, combined with three bedrooms and two bathrooms, position it as a practical alternative for families or downsizers who need car storage without moving to a house. The Ku-ring-gai council area and Lindfield Learning Village catchment add stability, and the 58% clearance rate suggests balanced demand rather than a hot market, meaning a buyer with clear criteria can negotiate without bidding frenzy pressure. The primary risk is the buildingโ€™s age and shared landโ€”last sold in 2000, with a comparable unit trading at $730,000 in 2024, indicating limited capital growth in this complex relative to standalone houses. The 2,690mยฒ land is communal, so no individual land uplift is possible, and the 31-property complex may have strata constraints or upcoming levies. The opportunity is in the rental yield: $1,105 per week annualises to $57,460, offering a gross return near 4.4% on the estimated value, which is solid for the North Shore. Hold this property for steady rental income and lifestyle utility, not speculative land appreciation.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 18/2-14 Pacific Highway, Roseville NSW 2069
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Market Insight:

Roseville is an established, affluent suburb on Sydney’s Upper North Shore, characterised by high household incomes and a mix of free-standing houses and strata apartments. Demand is driven by long-term investors and owner-occupiers seeking proven capital growth, supported by a consistent historical performance. Recent market conditions show divergent trends, with house prices experiencing some softening while units demonstrate modest growth, and sales activity remains steady. Future growth is underpinned by its established appeal and long-term trajectory, though key constraints include high price points affecting affordability and a sales pace that can be slower than broader market averages.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

2690mยฒ

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