28 Falcon Street, Crows Nest, NSW 2065 | Property Value & History | OnTheHouse
OFF MARKET

28 Falcon Street
Crows Nest NSW 2065

Bedrooms: -
Bathrooms: -
Car spaces: 4
Floor area: 155m2
Land area: 239m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 28 Falcon St, Crows Nest

Building Type
Commercial
Floor Size
155m2
Land Size
239m2
Local Government
North Sydney
Lot/Plan
B/DP109402

Last Listing description (July 2016)

An astute investment opportunity, this blue-chip retail premises with a long term tenancy in place presents as a unique commercial real estate offering with future development potential (STCA).
Leased to a popular bar benefiting from a rare late night 3am liquor licence, 'The Foxtrot Inn' is an attractive investment in its own right in a booming Lower North Shore location.
Current Business

- 'The Foxtrot Inn' is a busy late night venue with a 3am Liquor Licence
- Current net rent of $93,000 plus GST per annum with fixed 4% annual rental increases
- Tenant is responsible for all outgoings and management fees
- Net lettable area of 155sqm (approx.) over a split level layout with rear lane access with parking for up to 4 cars
- Substantial fitout in place complete with kitchen including grease trap and exhaust extraction system
- Profitable investment currently tenanted on a 5 year lease with two 5 year options
- Rare Liquor Licence with PSA (Primary Service Authorisation) allowing for the sale of liquor to patrons without food or any other service
Location
- 239sqm (approx.) of land with B4 Mixed-Use zoning allowing for future development (STCA)
- Bustling location close to the new Woolworths supermarket and Council car park and a range of restaurants
- Close proximity to St Leonards Train Station, the new Crows Nest train line and bus lines linking the Upper North Shore to the Sydney CBD
- Metres from the newly refurbished Crows Nest Hotel, the only other late night venue currently servicing Crows Nest
- Positioned within close proximity to North Sydney, Neutral Bay and the City centre
For more information please visit www.28falconstreet.com
Scott Stephens 0409 960 006
Tim Abbott 0425 285 833
Michael Counihan 0434 731 214

Proudly marketed by LJ Hooker Projects & Developments and LJ Hooker Retail & Commercial.
** All information contained herein is gathered from sources we consider to be reliable, however we cannot guarantee or give any warranty to the information provided.

Property History for 28 Falcon St, Crows Nest, NSW 2065

A timeline of how this property has performed in the market
Last Sold
$1,865,000
24 May 2016
Listed for Rent
$1.50k/w
07 Jul 2011
  • 24 May 2016
    Sold for $1,865,000
  • 29 Apr 2016
    Listed for Sale Auction - 24 May 2016
  • 09 Mar 2011
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

About Crows Nest 2065

The size of Crows Nest is approximately 0.8 square kilometres. It has 4 parks covering nearly 3.0% of total area. The population of Crows Nest in 2016 was 4798 people. By 2021 the population was 4974 showing a population growth of 3.7% 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 2021, 44.40% of the homes in Crows Nest were owner-occupied compared with 46.10% in 2016.

Crows Nest has 4,103 properties. Over the last 5 years, Houses in Crows Nest have seen a 37.92% increase in median value, while Units have seen a 18.41% increase. As at 30 November 2025:

  • The median value for Houses in Crows Nest is $3,050,750 while the median value for Units is $1,133,256.
  • Houses have a median rent of $1,000 while Units have a median rent of $750.
There are currently 13 properties listed for sale, and 18 properties listed for rent in Crows nest on OnTheHouse. According to Cotality's data, 172 properties were sold in the past 12 months in Crows nest.

Suburb Insights for Crows Nest 2065

Market Insights
Crows Nest Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Crows Nest Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.