3301/500 Pacific Highway, St Leonards NSW 2065

3-bedroom apartment | dual parking | rare large floorplan | high-demand St Leonards location This property presents a competitively strong proposition in St Leonards due to its genuinely large 208m² layout and dual car spaces, which are uncommon in the apartment market and provide a clear edge for owner-occupiers seeking space without moving to a house. The three-bedroom, two-bathroom configuration with an ensuite and alarm system serves families or downsizers well, while the absence of bushfire, flood, or heritage overlays removes typical planning friction. It is best positioned for buyers who prioritise long-term liveability and low-maintenance ownership in a well-connected lower north shore precinct. The primary risk is that premium apartments in high-rise towers can face softer capital growth compared to low-density stock, particularly if supply in St Leonards increases, which may affect exit timing. However, the large floorplan and dual parking create a scarcity advantage that insulates value better than smaller units. The estimated rental income of $2,000 per week offers a viable hold strategy for investors, while owner-occupiers benefit from the 5G connectivity and proximity to transport and schools. Hold this property as a long-term residence or as a stable rental with limited renovation need.