What is the price of Unit 1609 at Falcon & Alexander, Crows Nest?

Unit 1609 is priced at $2,900,000.

What are the features of Unit 1609 in Crows Nest?

Unit 1609 offers 2 bedrooms, 2 bathrooms, 1 car space, 91m² total area, and is located on the 16th floor with urban views.

What is the estimated rental yield for this apartment?

The estimated gross rental yield is 1.2%.

How close is this apartment to public transport?

Unit 1609 is steps from the new Crows Nest Metro Station, providing direct CBD access.

What is the ASPIRE Intelligence Score for this property?

This property has an ASPIRE Intelligence Score of 62 out of 100.

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Residence

Unit 1609

Level 16

Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences

Name: Unit 1609 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 2900000 AUD
Availability: InStock

Falcon & Alexander — Unit 1609 | 2B/2B/1C

8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065

62ASPIRE

$2,900,000

1.2% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Space

91m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$2,900,000

NSW Stamp Duty

$141,910

Est. Weekly Rent

$650/wk

Gross Yield

1.17%

Year 1 After-Tax Cashflow

$-46,641

Est. Mortgage (80% LVR)

$3276/wk

6.19% rate, 30yr P&I

Financial projections are estimates only. Yields assume median suburb rents. Stamp duty calculated on NSW 2025/26 rates. Seek independent financial advice.

About This Residence

Priced at $2.9 million, this apartment commands a premium of over 200% above Crows Nest's $950,000 median unit price, targeting a distinct luxury owner-occupier market. The 2-bedroom, 2-bathroom layout on the 16th floor offers sophisticated urban living steps from the new Metro station. With a significant $141,910 stamp duty outlay and a first-year cashflow projection of -$46,641, this is a high-entry capital growth play, underscored by its 62/100 ASPIRE Score™ for a 2 bedroom apartment Crows Nest investment.