3305/500 Pacific Highway, St Leonards NSW 2065
3305/500 Pacific Highway, St Leonards NSW 2065
This 33rd-floor two-bedroom apartment at 3305/500 Pacific Highway presents a 313sqm lot size, which is exceptionally large for a high-rise unit and likely a data error, though it indicates a spacious floorplan. The property includes two bathrooms, one parking space, air conditioning, built-in robes, and an ensuite. It is positioned within a premium complex offering an indoor pool, gym, golf simulator, cinema, library, and concierge. Located in St Leonards, a high-density corridor, this unit stands out for its elevated floor level and resort-style amenities, targeting affluent buyers, downsizers, or professionals seeking luxury and convenience near the CBD.
The property’s competitive strength lies in its rare combination of a high floor and exclusive amenities like a golf simulator and cinema, which are uncommon in typical St Leonards stock. This positions it above standard high-density apartments, serving buyers who value lifestyle and privacy over sheer space. The 33rd-floor aspect likely provides superior views and reduced street noise, a distinct advantage on Pacific Highway. The property is best suited for discerning owner-occupiers rather than investors, given the premium amenity suite that commands a lifestyle premium.
Value may be influenced by the conflicting lot size data; if the actual floor area is closer to the 73sqm typical of other units in the complex, this could narrow the buyer pool. The high-density location on a major arterial road may introduce traffic noise, though the upper floor mitigates this. Rental yield, estimated around 3.0%, is modest for the area, which might temper investor interest. The building’s age is not specified, but modern finishes suggest a contemporary build, though ongoing strata levies for premium amenities could affect long-term holding costs. Buyers should verify the exact floor plan and compare with similar high-floor units to gauge price positioning.
Detailed Independent Property Report prepared by PropCred Analyst team for 3305/500 Pacific Highway, St Leonards NSW 2065
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
URL has been copied successfully!
Market Insight
This suburb presents a compelling urban lifestyle proposition, anchored by excellent transport links and proximity to key amenities. Demand is driven by young professionals, students, and families, attracted by its connectivity and reputable schools. The market is characterised by steady rental demand for units, though house price growth has been modest and the market is notably quiet with very limited sales activity. Future growth is underpinned by ongoing infrastructure investment, but the market is heavily skewed towards apartments, with a constrained and inactive house segment presenting a key supply constraint.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
132m²
URL has been copied successfully!