What is the price of Unit 1803 at Falcon & Alexander, Crows Nest?

Unit 1803 is priced at $3,700,000.

What is the rental yield for Unit 1803 in Crows Nest?

The estimated gross rental yield for Unit 1803 is 0.9%.

How close is Unit 1803 to the Crows Nest Metro Station?

Unit 1803 is just moments from the new Crows Nest Metro Station, offering direct CBD connectivity.

What are the key features of this Crows Nest penthouse?

The penthouse offers 3 bedrooms, 2 bathrooms, 2 car spaces, 118sqm of luxury living, high-level views, and access to vibrant dining and transport.

How has the Crows Nest property market performed in recent years?

Crows Nest units have seen 42.1% growth over 5 years, with strong buyer and renter demand.

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Residence

Unit 1803

Level 18

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

Name: Unit 1803 — Harbour Views Meet Metro Luxury: Crows Nest's Most Exclusive Address Residences
Brand: Ding Real Estate
Price: 3700000 AUD
Availability: InStock

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

Bedrooms

Bathrooms

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.