Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 1609
Level 16

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

Falcon & Alexander — Unit 1609 | 2B/2B/1C

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

62ASPIRE
$2,900,000
1.2% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
91
Total Area
Aspect: Building F

Financial Analysis

Purchase Price
$2,900,000
NSW Stamp Duty
$141,910
Est. Weekly Rent
$650/wk
Gross Yield
1.17%
Year 1 After-Tax Cashflow
$-46,641
Est. Mortgage (80% LVR)
$3276/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 $2.9 million, this apartment commands a premium of over 200% above Crows Nest's $950,000 median unit price, targeting a distinct luxury owner-occupier market. The 2-bedroom, 2-bathroom layout on the 16th floor offers sophisticated urban living steps from the new Metro station. With a significant $141,910 stamp duty outlay and a first-year cashflow projection of -$46,641, this is a high-entry capital growth play, underscored by its 62/100 ASPIRE Score™ for a 2 bedroom apartment Crows Nest investment.

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Quick Summary

Property Typeproject
Level16
AspectBuilding F
Deposit (20%)$580,000
Loan Amount$2,320,000

Development Features

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