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Residence
Unit 1702
Level 17
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1702 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,520,000
1.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
97m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,520,000
NSW Stamp Duty
$121,010
Est. Weekly Rent
$650/wk
Gross Yield
1.34%
Year 1 After-Tax Cashflow
$-38,301
Est. Mortgage (80% LVR)
$2846/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 a premium $2,520,000, this 2 bedroom apartment in Crows Nest commands a significant $1,570,000 above the suburb median, reflecting its prime lower north shore positioning. The 17th-floor layout offers a high-spec lifestyle just moments from the new metro station and vibrant Willoughby Road. With an ASPIRE Score™ of 62, this investment delivers a $650 weekly rent but requires strategic planning for its -$38,301 first-year cashflow position.
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Related Insights
Crows Nest Suburb Profile
2065 · Median $950K
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