1605/500 Pacific Highway, St Leonards NSW 2065
1605/500 Pacific Highway, St Leonards NSW 2065
1605/500 Pacific Highway is a 1-bedroom, 1-bathroom studio/flat apartment in The Landmark at St Leonards, currently marketed around $650,000–$715,000. The property was listed for sale on 18 June 2026 as an apartment in St Leonards. The listing-style sources describe it as an oversized north-facing studio with no parking, in a large mixed-use apartment tower on a site of about 1,165 m².
north-facing oversized studio | high floor in The Landmark | no parking | strong lower north shore location
This property sits above most studio stock in St Leonards because it is genuinely oversized and north-facing, which are uncommon in high-rise studio formats. The northern aspect delivers strong natural light and passive warmth, and the high floor position in The Landmark tower gives it a more open feel than lower-level equivalents. The lack of parking is common in this precinct and may not deter the core buyer groups: professionals and downsizers who prioritise rail and metro access over car storage. The unit is best suited to owner-occupiers seeking a low-maintenance, light-filled home in a transit-oriented suburb, or investors targeting the consistent tenant demand generated by nearby employment nodes.
The absence of a car space may narrow the buyer pool for some, and the Pacific Highway frontage could introduce traffic noise that affects perceived amenity. The studio configuration, while oversized, may still limit appeal for buyers who require a separate bedroom. The property’s value is likely supported by its aspect and floor height, but any softening in the broader apartment market or an oversupply of similar stock in the precinct might temper price growth. Buyers should weigh the trade-off between the strong location and the compromises inherent in a studio layout.
Detailed Independent Property Report prepared by PropCred Analyst team for 1605/500 Pacific Highway, St Leonards NSW 2065
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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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.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
-
Land
1165m²
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