Local Knowledge PropertyIntegrated Property Financial Advisory
Residence
Unit 2102
Level 21

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

Falcon & Alexander — Unit 2102 | 2B/2B/1C

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

62ASPIRE
$2,700,000
1.3% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
97
Total Area
Aspect: Building F

Financial Analysis

Purchase Price
$2,700,000
NSW Stamp Duty
$130,910
Est. Weekly Rent
$650/wk
Gross Yield
1.25%
Year 1 After-Tax Cashflow
$-42,251
Est. Mortgage (80% LVR)
$3050/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 low headline yield of 1.25%, this 21st-floor, 2-bedroom apartment in Crows Nest offers a strategic entry into a market where units have surged 42.1% in 5 years, providing unrivalled Metro connectivity and urban lifestyle. The north-facing residence in this luxury building commands a premium at $2,700,000, reflecting its exclusive Lower North Shore address and walkability to vibrant Willoughby Road. With vacancy rates at a tight 1.8%, the $650/week rent underpins strong demand, though investors should note the current negative cashflow, as highlighted by its ASPIRE Score of 62/100.

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Quick Summary

Property Typeproject
Level21
AspectBuilding F
Deposit (20%)$540,000
Loan Amount$2,160,000

Development Features

2 Bedrooms
1 Bathroom
1 Car Space
Secure Parking
New Development Project
Modern Design
Contemporary Living
Investment Opportunity