Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1606
Level 16
2-Bedroom with City Views Residences
Harris Tower — Unit 1606 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,418,000
2.1% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
124m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,418,000
NSW Stamp Duty
$60,400
Est. Weekly Rent
$572/wk
Gross Yield
2.10%
Year 1 After-Tax Cashflow
$-16,491
Est. Mortgage (80% LVR)
$1602/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
Offering Parramatta's premium lifestyle at a price point $798,000 below the median for a 3-bedroom apartment, this high-floor residence presents a strategic entry into the suburb's high-growth market. The 16th-level position delivers commanding city vistas alongside direct light rail access, engineered for the modern professional tenant. Despite the current yield of 2.1%, the suburb's robust 28.2% five-year unit growth potential underpins this asset's long-term wealth creation, reflected in its ASPIRE Score of 59/100 for targeted investors.
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Quick Summary
Property Typecommercial
Level16
AspectBuilding L02 - L21
Deposit (20%)$283,600
Loan Amount$1,134,400
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