SOLD
Sold on 16 Jan 2024 for $6,000,000

LEVEL/82 Alexander Street
Crows Nest NSW 2065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 46m2
Land area: 247m2
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Property Details for Level/82 Alexander St, Crows Nest

Building Type
Land
Floor Size
46m2
Land Size
247m2
Local Government
North Sydney
Lot/Plan
A/DP331455

Last Listing description (March 2024)

Ray White Commercial and Colliers are pleased to present For Sale "88", a prestigious mixed use development site DA approved for 25 luxury residences set to cater to the downsizing owner occupier market.

Conveniently situated in the heart of Crows Nest's cosmopolitan village, only 250m* from the soon-to-open Metro Station, this rare de-risked offering will undoubtedly be hotly contested.

Additional highlights of the site include:

3,673 sqm* total approved Net Saleable Area
1,262 sqm* rectangular site
Favourable unit mix caters to downsizing owner occupiers
Dual 34m* frontages with rear lane access
Ideal short WALE and holding income
250m from the Metro Station
Surrounded by an abundance of superior retail, medical and lifestyle amenity
Land-constrained market underpinned by a chronic undersupply of luxury apartments in the region and supported by strong fundamentals

The property is offered for sale via Expressions of Interest closing 18 October 2023 at 3pm (AEDT).

For further information and/or to arrange a private inspection, please contact the exclusive selling agents.

In conjunction with Colliers and Ray White Commercial.

*Approx.

Property History for Level/82 Alexander St, Crows Nest, NSW 2065

A timeline of how this property has performed in the market
Last Sold
$6,000,000
16 Jan 2024
Listed for Rent
$736/w
21 Dec 2006
  • 16 Jan 2024
    Sold for $6,000,000
  • 14 Sep 2023
    Listed for Sale Expressions of Interest
  • 15 Nov 2007
    Sold for $1,760,000
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About Crows Nest 2065

The size of Crows Nest is approximately 0.8 square kilometres. It has 4 parks covering nearly 3% of total area. The population of Crows Nest in 2011 was 4,048 people. By 2016 the population was 4,814 showing a population growth of 18.9% in the area during that time. The predominant age group in Crows Nest is 30-39 years. Households in Crows Nest are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Crows Nest work in a professional occupation. In 2011, 50.9% of the homes in Crows Nest were owner-occupied compared with 46.1% in 2016.

Crows Nest has 4,128 properties.

    There are currently 10 properties listed for sale, and 25 properties listed for rent in Crows nest on OnTheHouse. According to CoreLogic's data, 155 properties were sold in the past 12 months in Crows nest.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.