What is the price of Unit 2004 at 8 Alexander St, Crows Nest?

Unit 2004 is priced at $4,250,000.

How many bedrooms and bathrooms does this Crows Nest apartment offer?

It offers 3 bedrooms, 2 bathrooms, and 2 car spaces.

What is the estimated rental yield for this apartment?

The estimated gross yield is 0.8% based on a $650/week rent.

What are the lifestyle benefits of living in Crows Nest?

Residents enjoy excellent dining, high walkability, new metro access, and proximity to the CBD and harbourside parks.

How does the ASPIRE Intelligence Score rate this property?

The ASPIRE Intelligence Score is 61 out of 100, highlighting strong lifestyle and location factors.

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Residence

Unit 2004

Level 20

Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences

Name: Unit 2004 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Local Knowledge Property
Price: 4250000 AUD
Availability: InStock

Falcon & Alexander — Unit 2004 | 3B/2B/2C

8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065

61ASPIRE

$4,250,000

0.8% gross yield

Residence Configuration

Bedrooms

Bathrooms

Car Spaces

139m²

Total Area

Aspect: Building F

Financial Analysis

Purchase Price

$4,250,000

NSW Stamp Duty

$297,500

Est. Weekly Rent

$650/wk

Gross Yield

0.80%

Year 1 After-Tax Cashflow

$-76,270

Est. Mortgage (80% LVR)

$4800/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 $650 weekly rent, this $4.25 million 3 bedroom apartment Crows Nest investment presents a substantial negative cashflow of -$76,270 in year one, reflecting its premium price point. This unique high-floor residence offers three beds, two baths, and two car spaces in the exclusive 'Alexander' building, delivering a luxury lifestyle steps from the new Metro station. With an ASPIRE Score™ of 61/100, this asset is positioned for long-term capital appreciation in a suburb where unit prices have surged 12.2% annually, targeting investors focused on growth over immediate yield.