3409/88A Christie Street, St Leonards NSW 2065

High floor exposure | price risk from 2018 peak | long days on market | rental yield below 3% The 2018 purchase price of $1.99m sets a clear ceiling: buyers paying near that level absorb an eight-year flat capital trajectory with no inflation hedge. The 212-day prior listing failure signals pricing misalignment with current demand, and the $1,670/week rental estimate implies a gross yield under 4.5 percent, which is thin for an apartment in this corridor. The harbour view and full-floor amenity are genuine differentiators, but the value logic depends on securing a discount to the last sale, not matching it. This property suits a buyer who plans to hold for a decade and prioritises lifestyle over short-term capital growth. The combination of 34th-floor harbour views, integrated Miele and Fisher & Paykel fit-out, and resort rooftop pool in a transit-rich St Leonards position is uncommon for a two-bedroom strata product. The Opticomm fibre and 5G coverage support work-from-home utility, while the school catchment for Anzac Park Public and Cammeraygal High broadens appeal for professionals planning family expansion. The study nook and storage cage add functional depth that competing apartments in the precinct often lack. The strongest buyer fit is a downsizer or corporate tenant investor who values the security of an established JQZ building with concierge and will negotiate based on the 212-day history to secure a buy below replacement cost. To proceed, request a full depreciation schedule and strata committee minutes from Triple S Property focus on any upcoming special levies or sinking fund contributions that could further depress net returns.