The lower North Shore is making a comeback, and St Leonards is at the forefront of this change. The suburb is changing rapidly and there are a number of development proposals within the suburb which exceed 100m in height making St Leonards the next Sydney highrise suburb and with good reason.
Back in 2015 the NSW Government announced the second stage of the Sydney Metro Public Transport Sydney, the biggest public transport project in Australia. It announced that there will be a station at St Leonards, meaning there will be frequent trains every 4 minutes in the peak taking less than 10 minutes to reach the Sydney CBD.
Characteristics of The Landmark, St Leonards:
|Developer:||New Hope Group & Vimg|
|Architect:||Tony Leung - Aplus design Group|
|Location:||500-520, Pacific Highway, St Leonards, 2065|
|Height of Building:||151.6m high|
|Number of Buildings:||1|
|Floors in # of stories:||46 stories|
|Number of Apartments:||495|
|Price for a studio in AUD ($):||$660,000 to $755,000|
|Price for a 3 Bedroom in AUD ($):||$3.085 million to $4.02 million|
|Price for a Penthouse in AUD ($):||$3 million to $10.9 million|
|Build Cost in AUD ($):||$207,061,000|
|Official Development Website:||http://www.thelandmarksydney.com/|
This massive project has made developments such as The Landmark extremely valuable and desired. In its stage 1 release in sold out all the apartments in less than 1 day.
This spectacular tower will set a new standard in the suburb of St Leonards, it will provide spectacular city views to the Sydney and Chatswood CBD and will set a new benchmark for future developments in the suburb.
As being in one of the most affluent suburbs of Sydney, it is expected that prices will reflect this and they do. average unit prices in St Leonards sit around ~$1,000,000, however prices in this development will reach over $10,000,000 for the penthouse making it one of Australia’s most expensive developments.
This quality of this development will be impressive. It will use quality grade appliances and the building itself will be very grand in nature.
Strata fees have no been public at this point however they will be included in the characteristics table once this information becomes publicly available.
The height of this building will make it a landmark on the St Leonards Skyline, so it does have a very good name. If currently built it would be the tallest building in the suburb.
Location Map of The Landmark in St Leonards
For a more technical in-depth view you can visit the JRPP (Joint Regional Planning Panel) website and view the Development Application (DA) here: 500 Pacific Highway, St Leonards