Why this North Shore mid-rise is turning heads with Sydney investors

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Just a two-minute walk from the Crows Nest Metro Station, a collection of apartments in St Leonards is proving exceptionally popular with investors.

The Collective, 93 apartments in the North Shore suburb of St Leonards, is the latest development from TWT Property Group.

Selling fast, The Collective seems to be particularly attractive to buyers looking for a high-value investment in a well-connected property hotspot.

“Our investor buyers are focussed on underlying tenant demand,” says Murray Wood, Director at Belle Property.

“The location is highly sought after by long term tenants with the strength of the lifestyle elements and established village environment.”

The Collective in Sydney's North Shore is primed to be a hotspot for savvy investors.


What makes St Leonards a high-demand hotspot

St Leonards is an area seeing high interest from buyers and renters alike, and The Collective is perfectly located to make the most of that interest.

“The Collective is positioned in the heart of the Crows Nest and St Leonards lifestyle precinct,” says Mr Wood.

“This offers the opportunity for buyers to acquire a premium grade property in a very high demand location.”

2204 realestate.com.au users were seriously interested in renting in St Leonards in the past month but only 170 units were leased, indicating that the number of renters interested in the area far exceeds the number of available rentals.

It is also indicated by the higher-than-average rental prices, with September 2025 PropTrack data showing that the median rent for units in St Leonards over the past year was $895 per week—outperforming the Greater Sydney area’s $740 median.

Mr Wood explained that transport connectivity and lifestyle are part of the reason that renters are willing to pay more for an address in the area.

“From the new Metro, rail, bus and by car, all transport options in the immediate vicinity access North Sydney and the CBD to the east and Chatswood and Macquarie Park to the west,” Mr Wood says.

“The established Health Precinct and vibrant eatery and retail village of Crows Nest, provide locals with an abundant choice of gyms and fitness centres, as well as restaurants, bars, cafes, and retail all within a short walking distance.”

One of The Collective's strengths is its exceptional location, offering premium views and a short commute to the CBD.


Practical apartments offering major value

The Collective offers a range of apartment sizes, offering investors the opportunity to cater to different segments of the rental market—from young professionals to larger families. 

“The Collective has been a huge success with buyers attracted to the medium density and the larger overall sizes of the properties,” Mr Wood says. 

The 93 apartments include a mix of one-, two-, three- and four-bedroom residences, with prices starting from $1.005m for one bedroom and $1.86m for two bedrooms. 

Mr Wood also says that, beyond providing attractive rental homes for tenants, The Collective offers manageable holding costs for investors by forgoing elaborate amenities that can increase fees. 

“We’ve reduced strata costs by not providing expensive gyms, pools, or concierge services,” he says. 

“This has hit the sweet spot with buyers who are looking at this ongoing cost base.”

Each apartment at The Collective is smartly designed to maximise value for investors.


Limited apartments remaining

The Collective is already seeing significant interest from buyers, with over 60% of apartments already sold.

“We have achieved sales of over $125m since launching twelve months ago,” Mr Wood says.

“We have seen several buyers acquires two properties—one for themselves and one for their children.”

With construction set to be completed by mid to late 2026, investors seeking to secure an address in the area will need to act fast by making an enquiry with the Belle Property International team and make a private appointment at the display suite.

“Low future supply in the immediate precinct is also a major factor for investors,” Mr Wood says.

“These are a long-term hold proposition for long term property owners.”

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