1107/486 Pacific Highway, St Leonards NSW 2065

Corner apartment | harbour & city views | resort amenities | walk to metro | 3 bed plus study This unit presents a competitively strong proposition due to its rare combination of high-floor harbour views, extensive five-star facilities, and a functional three-bedroom layout in a transport-saturated location. The configuration, particularly the large entertainer’s balcony and versatile study, serves professionals or downsizers seeking a low-maintenance lifestyle without compromising on space or premium amenities. Its position within walking distance of both heavy rail and the new metro station embeds long-term convenience and rental demand. The primary risk mechanism is the strata levy, which funds the extensive amenities but constitutes a recurring cost impacting yield. Highway proximity may also introduce noise, affecting some occupiers. The opportunity lies in acquiring a turnkey property within a tightly held, amenity-rich building where future supply of comparable views is limited. The commercial logic supports a hold strategy for capital growth aligned with suburb unit trends, making it a suitable primary residence or a high-amenity investment. Recent comparable sales demonstrate market validation for this price point. • 36/1 Albany Street, St Leonards: Sold for a similar figure, confirming buyer appetite in the immediate locale. • 1704/130 Elizabeth Street, Sydney: A slightly more central sale, providing a benchmark for city-fringe properties. • 5701/500 Pacific Highway, St Leonards: A direct nearby sale, strongly anchoring the subject property’s valuation. The sale of a 122m² unit nearby on the same date for an identical price establishes clear, current market evidence for this property’s achieved value.