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Residence
Unit 2006
Level 20
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 2006 | 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
94m²
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
Capturing a prestigious Lower North Shore address, this high-floor unit presents a premium lifestyle proposition priced well above the suburb's $950,000 median, with its $2.87m value reflecting exclusivity. The 20th-floor, two-bedroom apartment offers a sophisticated urban sanctuary moments from the new metro station and vibrant Willoughby Road precinct. While the $45,982 first-year cashflow shortfall requires strategic planning, the asset's 62 ASPIRE Score™ is anchored by Crows Nest's proven 42.1% five-year unit growth and strong $650/week rental demand.
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Related Insights
Crows Nest Suburb Profile
2065 · Median $950K
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