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Residence
Unit 2005
Level 20
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 2005 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,870,000
1.2% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
92m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,870,000
NSW Stamp Duty
$140,260
Est. Weekly Rent
$650/wk
Gross Yield
1.18%
Year 1 After-Tax Cashflow
$-45,982
Est. Mortgage (80% LVR)
$3242/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
Positioned against a suburb median of $950,000, this $2,870,000 apartment presents a premium, high-hold strategy for investors targeting Crows Nest's 12.2% annual growth. The two-bedroom, two-bathroom configuration on the twentieth floor offers a luxury urban lifestyle directly connected to the new metro station. The property's ASPIRE Score™ of 62/100 reflects its substantial entry cost, with investors anticipating capital growth to offset the first-year cashflow position of -$45,982.
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Crows Nest Suburb Profile
2065 · Median $950K
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