1003/15 Atchison Street, St Leonards NSW 2065

North-facing 10th-floor | 108m² with terrace | Nexus building, St Leonards CBD | 3-bedroom layout with study potential. This unit occupies a rare configuration in the St Leonards market: a genuine three-bedroom floorplan on a high north-facing aspect with a covered terrace and skyline views. The 108-square-metre internal area is well above the typical two-bedroom stock in the area, and the neutral finishes with timber floors reduce immediate renovation needs. The property serves a buyer seeking a long-term family apartment or a high-rental-yield investment near transport and amenities, with the 2020 sale at $970,000 indicating strong capital growth potential. The primary risk is the auction guide of $1.25 million, which sits above the St Leonards unit median of $1.1 million. The market has seen a 2.8% year-on-year decline, so overpaying is a real concern. The building is circa 2005, meaning some common property maintenance may be due, and the combined shower/bath in the main bathroom could deter some buyers. However, the north-facing terrace, secure parking, and storage cage add tangible lifestyle value. The property is best held as a owner-occupier home with medium-term capital growth, or leased for strong rental demand given the CBD proximity and three-bedroom scarcity.