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Residence
Unit 810
Level 8
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 810 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,510,000
1.4% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
96m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,510,000
NSW Stamp Duty
$120,460
Est. Weekly Rent
$650/wk
Gross Yield
1.35%
Year 1 After-Tax Cashflow
$-38,081
Est. Mortgage (80% LVR)
$2835/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 $2,510,000, this property presents a strategic entry into Crows Nest's high-growth unit market, positioned below the current $950,000 median and indicating significant long-term capitalisation potential. This 96m² two-bedroom, two-bathroom apartment on the eighth floor offers a prime configuration for young professionals seeking a low-maintenance Lower North Shore lifestyle, moments from the new metro station. With an ASPIRE Score™ of 62/100, investors should note the current $38,081 annual cashflow position, focusing on the suburb's robust 42.1% five-year unit growth to build substantial equity over the hold period.
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Related Insights
Crows Nest Suburb Profile
2065 · Median $950K
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