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Residence
Unit 1707
Level 17
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1707 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,830,000
1.2% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
91m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,830,000
NSW Stamp Duty
$138,060
Est. Weekly Rent
$650/wk
Gross Yield
1.19%
Year 1 After-Tax Cashflow
$-45,104
Est. Mortgage (80% LVR)
$3197/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 $2,830,000, this apartment represents a premium lifestyle play over a yield-focused investment, reflecting the suburb's 12.2% annual unit growth. The 17th-floor, two-bedroom residence in 'Harbour Views Meet Metro Luxury' offers a low-maintenance lock-and-leave lifestyle moments from the new metro station. With an initial negative cashflow of $-45,104, this strategy leverages Crows Nest's high-growth trajectory for capital appreciation over rental income, underscored by its 62/100 ASPIRE Score™ for investors targeting long-term wealth building.
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Related Insights
Crows Nest Suburb Profile
2065 · Median $950K
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