216/9 Albany Street St Leonards NSW 2065

North-facing light | 1-bed Metropolitan Residences | Anzac Park catchment | strong rental demand This unit presents a competitively strong proposition within the St Leonards apartment market, defined by its north-facing aspect and refined finishes which directly enhance livability and appeal. Its configuration is standard for the area, but its position within a well-located building serving the Anzac Park and Cammeraygal school catchments solidifies its market position. This property best serves an owner-occupier seeking a quality light-filled residence or an investor targeting professional tenants in a high-demand rental corridor. The decision hinges on engaging the specific risk mechanisms inherent in strata title, where council rates and potential levies represent the ongoing financial commitment beyond the mortgage. The commercial logic is clear, with rental yields supported by comparable data, positioning this as a hold for capital stability and income. Secure a PropCred report to validate the strata health, confirm precise locality risks, and anchor your offer with an independent market valuation. Recent comparable sale within the same building: a similar one-bedroom, one-bathroom apartment sold in March 2026 at a price indicating a value near $700,000. This transaction confirms the sustained market level for such units in this specific location and building, providing a credible benchmark for your purchase assessment.