Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1703
Level 17
2-Bedroom with City Views Residences
Harris Tower — Unit 1703 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,433,000
2.1% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
122m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,433,000
NSW Stamp Duty
$61,225
Est. Weekly Rent
$572/wk
Gross Yield
2.08%
Year 1 After-Tax Cashflow
$-16,820
Est. Mortgage (80% LVR)
$1619/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 $1,433,000 3-bedroom apartment presents a significant premium over the $620,000 suburb median, prioritising scale and lifestyle with its 17th-floor northerly aspect and immediate light rail access. The $572 weekly rent delivers a 2.08% yield, resulting in a first-year cashflow position of -$16,820, a scenario for investors focused on long-term Parramatta growth over immediate income.
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Quick Summary
Property Typecommercial
Level17
AspectBuilding L02 - L21
Deposit (20%)$286,600
Loan Amount$1,146,400
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