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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 708
Level 7
Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Falcon & Alexander — Unit 708 | 2B/2B/1C
8 Alexander St Crows Nest NSW 2065 · Crows Nest, NSW 2065
62ASPIRE
$2,480,000
1.4% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
94m²
Total Area
Aspect: Building F
Financial Analysis
Purchase Price
$2,480,000
NSW Stamp Duty
$118,810
Est. Weekly Rent
$650/wk
Gross Yield
1.36%
Year 1 After-Tax Cashflow
$-37,423
Est. Mortgage (80% LVR)
$2801/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
Positioned as a high-conviction capital growth play, this 2 bedroom apartment in Crows Nest commands a premium $2.48M price point, reflecting the suburb's 42.1% five-year unit growth. The seventh-floor residence in 'Building F' offers a 94m² lock-and-leave lifestyle moments from the new Metro, yet its 1.36% yield and negative $37,423 first-year cashflow necessitate a patient, equity-focused strategy. Investors are acquiring a finite asset in a supply-constrained, high-demand corridor where a 1.8% vacancy rate underscores rental security, meriting its ASPIRE Score of 62/100 for long-term appreciation.
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Crows Nest Suburb Profile
2065 · Median $950K
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