Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1403
Level 14
2-Bedroom with City Views Residences
Harris Tower — Unit 1403 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,403,000
2.1% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
122m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,403,000
NSW Stamp Duty
$59,575
Est. Weekly Rent
$572/wk
Gross Yield
2.12%
Year 1 After-Tax Cashflow
$-16,161
Est. Mortgage (80% LVR)
$1585/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
This 3 bed / 2 bath apartment at 34 Hassall St presents a premium Parramatta foothold, but its 2.12% yield and $1,403,000 price point require investor scrutiny, reflected in its ASPIRE Score™ of 59/100. The generous 122m² layout on the 14th level offers space and convenience just metres from the light rail, aligning with the suburb's 90/100 transport score. With a first-year after-tax cashflow of -$16,161, this property suits an investor prioritising Parramatta's strong 7.8% annual growth over immediate rental income.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level14
AspectBuilding L02 - L21
Deposit (20%)$280,600
Loan Amount$1,122,400
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