Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1003
Level 10
2-Bedroom with City Views Residences
Harris Tower — Unit 1003 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,361,000
2.2% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
122m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,361,000
NSW Stamp Duty
$57,265
Est. Weekly Rent
$572/wk
Gross Yield
2.19%
Year 1 After-Tax Cashflow
$-15,240
Est. Mortgage (80% LVR)
$1537/wk
6.19% rate, 30yr P&I
Financial projections are estimates only. Yields assume median suburb rents. Stamp duty calculated on NSW 2025/26 rates. Seek independent financial advice.
About This Residence
With an ASPIRE Score™ of just 59/100, this three-bedroom apartment presents a significant premium at $1,361,000 against Parramatta's $620,000 unit median. The spacious 122m² layout offers family-sized accommodation on the 10th floor, positioned perfectly for doorstep light rail access to enhance tenant appeal. Investors should note the estimated first-year cashflow of -$15,240, requiring a strategy focused on long-term capital growth over immediate rental yield from its $572 per week return.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level10
AspectBuilding L02 - L21
Deposit (20%)$272,200
Loan Amount$1,088,800
Development Features
a collection of parkside residences set above a vibrant village precinct
with uninterrupted city and river views. Surrounded by lush open spaces
family friendly playgrounds and the new Parramatta Light Rail on your doorstep
Cosmopolitan is your ultimate destination to live
work
play and connect.
Features include:
- On the doorstep of Robin Thomas Light Rail
- Walking distance to train station
Parramatta Westfield and an array of surrounding amenities
- Retail spaces on the ground floor providing ultimate convenience
- One
two and three bedroom apartments with views over the CBD