36/545-553 Pacific Highway, St Leonards NSW 2065

2 bedrooms, 2 bathrooms, 1 secure car space. Elevated northerly aspect with water views. Modern security complex, entrance via Oxley Street. Strata titled. Anzac Park Public School and Cammeraygal High School catchment. The northerly aspect and elevated water views are genuinely uncommon for a unit at this price point in St Leonards, giving it a clear competitive edge over much of the modern stock in the area. It sits in an ultra-central location with strong transport links, yet the Oxley Street entrance avoids the direct noise of the highway. This unit is best suited to a buyer who values natural light, outlook, and urban convenience over private outdoor space or a quiet leafy setting. The configuration is standard for the suburb, but the aspect and position within the building lift it above typical offerings. The gross rental yield of around 5.2 percent is strong for an inner-North Sydney apartment, which may support the price if an investor is the buyer. The recent sale of a similar unit in the same building at a higher price suggests this unit may be positioned at a discount for a reason, such as a lower floor or less desirable view. A buyer should weigh whether the water views are genuinely elevated and uninterrupted, and whether the lack of a balcony or terrace affects their personal use. The absence of flood or heritage overlays is neutral, but the strata report should be reviewed for any upcoming levies or building defects.