Located on the leafy intersection of Falcon and Sophia 100 metres from North Sydney, 7 minutes to the Sydney CBD and a 5 minute stroll to the Crows Nest Village.
Currently occupied by Ramen Kaio, this exceptionally flexible opportunity offers the option of investing, occupying and/or redeveloping. Live + Work with this flexible B1 zoning adjoining properties have extended into a 1st level addition which would add significant floor space and dual income and/or Live + Work options.
This immaculate Victorian-era corner shop is currently occupied as a Japanese Restaurant, but it could suit future showroom-office and could easily be converted to an amazing shop top housing.
If you are looking for the ideal place to work from home, or run your business at 98 Falcon you can have it all.
98 Falcon's ground floor entry is an inviting space filled with natural light, an outdoor courtyard which can also be accessed via Sophia Street provides great flexibility.
Key Features:
- Prominent Corner Restaurant | Showroom | Office
- 2 street frontages
- Rear Lane Access to Courtyard
- Full Commercial Kitchen + Grease Trap in situ for food & beverage users
Auction date & time: 3rd June 2021 10:30am
Dexus Place, 1 Margaret St, Sydney
Property Open for Inspections:
5th of May (Wednesday) at 10.30am
12th of May (Wednesday) at 10.30am
19th of May (Wednesday) at 10.30am
26th of May (Wednesday) at 10.30am
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:
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