9 Albany Street, St Leonards NSW 2065
9 Albany Street, St Leonards NSW 2065
Large mixed-use building | Prime St Leonards location | Modern 13-storey development | Strong rental appeal | Premium finishes
The building’s modern construction, premium finishes, and central St Leonards position create a strong buying case for professionals and downsizers seeking a low-maintenance residence with excellent transport connectivity. Units here benefit from high-quality specifications – stone benchtops, Miele appliances, timber flooring – that support both owner-occupier comfort and tenant appeal. The 13-storey scale and mixed-use configuration provide a live-work convenience rarely found in standalone apartments, and the building’s strong recent sales activity confirms consistent demand from discerning buyers.
Potential risks include the usual strata considerations of a large complex, where levy levels and sinking fund adequacy require close examination. The presence of commercial suites introduces a different tenant mix that may not suit all buyers. However, the property’s location within walking distance to St Leonards station and major employment hubs offers resilient capital growth prospects. Reliable NBN FTTP and 5G coverage add practical value for remote workers. For investors, the demonstrated rental demand – particularly for smaller units – supports a solid income return in a supply-constrained market.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Albany Street, St Leonards NSW 2065
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
Execution Risk
1
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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
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Bathroom
1
Parking
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Land
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