220/9 Albany Street, St Leonards NSW 2065
220/9 Albany Street, St Leonards NSW 2065
1 bed in a new 13-storey tower | brand new mixed-use development in St Leonards | likely suits owner-occupiers and investors | no floor level or finishes confirmed in available data
This property is a 1 bedroom, 1 bathroom apartment in a brand new 13-storey mixed-use development at the corner of Albany and Oxley Streets. It sits in a dense urban apartment precinct close to the St Leonards employment and transport cluster, which typically supports strong rental demand and appeals to professionals and downsizers seeking modern low-maintenance living. Being part of a newly completed building gives it a competitive edge over older low-rise and mid-rise stock still common in parts of the suburb, and the mixed-use format adds convenience with retail or commercial space at ground level.
The absence of confirmed floor level, view corridor, balcony size, parking allocation, and finishes package means the property’s true value may vary significantly depending on these specifics. Strata levies for a new building might be higher initially due to developer cost structures or lower if the building has defect buffers in place. The small 393mยฒ site suggests limited common facilities, so buyers should weigh whether the lack of amenities like a pool or gym affects long-term appeal compared to larger developments nearby.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 220/9 Albany Street, St Leonards NSW 2065
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.