Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1406
Level 14
2-Bedroom with City Views Residences
Harris Tower — Unit 1406 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,398,000
2.1% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
124m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,398,000
NSW Stamp Duty
$59,300
Est. Weekly Rent
$572/wk
Gross Yield
2.13%
Year 1 After-Tax Cashflow
$-16,052
Est. Mortgage (80% LVR)
$1579/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 59/100, this $1,398,000 3 bedroom apartment represents a lifestyle-focused Parramatta investment positioned above the suburb's $620,000 unit median. The 14th-floor configuration combines spacious 124m² family living with direct light rail access, unlocking Sydney’s second CBD. Investors should note the estimated first-year after-tax cashflow of -$16,052, prioritising long-term capital growth over immediate yield from the current $572 per week rental estimate.
Explore Other Residences
Related Insights
Parramatta Suburb Profile
2150 · Median $620K
Property Insights
Unlocking Cash Flow & Capital Growth in Parramatta
Discover the hidden potential of Parramatta apartments with our data-driven guide, revealing insights on rental yields,
Maximize Your Parramatta Property Investment Savings
Unlock the secrets to maximizing your investment in Parramatta with strategic stamp duty savings, savvy entity structuri
Living in Kensington: Your Guide to Melbourne's Village Lifestyle
Discover Kensington, Melbourne's hidden gem, where vibrant cafes, a close-knit community, and a charming village atmosph
Quick Summary
Property Typecommercial
Level14
AspectBuilding L02 - L21
Deposit (20%)$279,600
Loan Amount$1,118,400
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