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

98 Falcon Street
Crows Nest NSW 2065

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 90m2
Land area: 102m2
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Property Details for 98 Falcon St, Crows Nest

Building Type
Commercial
Floor Size
90m2
Land Size
102m2
Local Government
North Sydney
Lot/Plan
4/DP793698

Last Listing description (June 2021)

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

Property History for 98 Falcon St, Crows Nest, NSW 2065

A timeline of how this property has performed in the market
Last Sold
$1,288,000
03 Jun 2021
Listed for Rent
$550/w
12 Jul 2019
  • 03 Jun 2021
    Sold for $1,288,000
  • 03 May 2021
    Listed for Sale Contact Agent
  • 18 May 2018
    Sold for $1,290,000
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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 3.0% 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

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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.