Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1803
Level 18
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 1803 | 3B/2B/2C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
61ASPIRE
$3,700,000
0.9% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
118m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$3,700,000
NSW Stamp Duty
$259,000
Est. Weekly Rent
$650/wk
Gross Yield
0.91%
Year 1 After-Tax Cashflow
$-64,199
Est. Mortgage (80% LVR)
$4179/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
Despite a modest 0.91% yield, this $3.7M penthouse leverages Crows Nest’s extraordinary 42.1% 5-year unit growth and commands an $650 per week premium rental position. The 3-bedroom, 18th-floor residence offers expansive 118sqm luxury living moments from the new Metro, appealing to high-earning professionals. Its ASPIRE Score™ of 61/100 indicates a high-capital growth play, with investors prepared for a first-year cashflow of -$64,199 to secure a blue-chip Lower North Shore asset.
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Crows Nest Suburb Profile
2065 · Median $950K
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