Date: March 23, 2001
Location: North Sydney, Australia

A couple were in their third floor apartment in North Sydney when they noticed three dim flashlight-like beams above a large tree near their balcony. As they went out on the balcony to investigate, they found no trace of the light source. Instead, they discovered a large cylindrical craft hovering above the apartment block.

Source: UFO Society of Western Sydney - Research of Australian Close Encounters (RACE)

A couple were in their third floor apartment in North Sydney when they noticed three dim flashlight-like beams above a large tree near their balcony. As they went out on the balcony to investigate, they found no trace of the light source. Instead, they discovered a large cylindrical craft hovering above the apartment block. It is believed that the unusual craft was at a considerable height, but its sheer size made it visible. The observer also described a sudden, strange overwhelming feeling, almost ominous.

The couple observed the craft for three minutes before it moved 5 degrees south. It appeared to be closer than before, giving them a detailed view of its structure. The craft positioned itself on an angle (approximately 20 degrees according to the sketch).

A pair of binoculars were obtained that gave a pristine view of the UFO's outline. It was described to be a steely matte gun-metal colouring with a light refraction of gradient showing its surface, shape and colour. Two rectangular shapes featured at the end facing towards them. Both shapes bore eight red lights, arranged in two columns of four, positioned vertically and parallel to each other.

Over five minutes, both felt that they should phone their friend about the encounter. The craft was still visible when they reached the phone inside; however, as they glanced away for a few seconds to dial, it disappeared.

 

Source: http://www.ufoevidence.org/cases/case803.htm