Deicorp secures $11.6 million sale at Falcon & Alexander, Crows Nest
Prolific developer Deicorp has secured an $11.6 million sale in its recently launched Lower North Shore apartment development, Falcon & Alexander.
A family from the Upper North Shore, with three children studying at university, amalgamated two residences to create a 333 sqm spread on the 21st level of the Crows Nest building that is currently under construction.
The apartment will now have four bedrooms, two living areas, and a dedicated study, delivering the scale and functionality typically associated with a freestanding family home.
The apartment will have a 50-metre frontage, offering uninterrupted, never-to-be-built-out views stretching across the Sydney Harbour Bridge, Barangaroo, Sydney Harbour and through to the Heads.
Deicorp Founder Fouad Deiri OAM said the amalgamated residence shows a clear shift in buyer preferences, particularly among downsizers and family owner-occupiers.
“We’re seeing strong demand from buyers who still want space, separation and flexibility, but without the maintenance and travel time that comes with a large suburban home," Deiri said.
"This residence shows how apartment living can genuinely replace a house when it’s designed with scale, outlook and liveability in mind."
Designed for entertaining and everyday family living, the residence will feature a statement kitchen with a butler’s pantry, expansive living and dining zones, and an outdoor barbecue and entertaining setting, all framed by panoramic harbour views.
Positioned just a five-minute walk from the new Crows Nest Metro station, Falcon & Alexander is conceived as a vertical village, with residences arranged around a central atrium and shared gardens, alongside premium resident amenities and boutique retail and dining at ground level. The project will also include a boutique 100-room hotel.
Designed by award-winning architects TURNER, the project will deliver 188 apartments. One-, two- and three-bedroom apartments are available, starting from $1.3 million.
Construction is currently underway and is scheduled to be completed in 2028.
Joel Robinson
Joel Robinson is the Editor in Chief at Apartments.com.au, where he leads the editorial team and oversees the country’s most comprehensive news coverage dedicated to the off the plan property market. With more than a decade of experience in residential real estate journalism, Joel brings deep insight into Australia’s evolving development landscape.
He holds a degree in Business Management with a major in Journalism from Leeds Beckett University in the UK, and has developed a particular expertise in off the plan apartment space. Joel’s editorial lens spans the full lifecycle of a project, from site acquisition and planning approvals through to new launches, construction completions, and final sell-out, delivering trusted, buyer-focused content that supports informed decision-making across the property journey
