Ding Real EstateIntegrated Property Financial Advisory
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Residence
Unit 1901
Level 19
2-Bedroom with City Views Residences
Harris Tower — Unit 1901 | 1B/1B/0C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
66ASPIRE
$786,000
3.8% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
0
Car Spaces
76m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$786,000
NSW Stamp Duty
$29,900
Est. Weekly Rent
$572/wk
Gross Yield
3.78%
Year 1 After-Tax Cashflow
$-2,620
Est. Mortgage (80% LVR)
$888/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
While its 3.78% yield is below Parramatta's robust 4.8% unit average, this $786,000 1-bedroom apartment presents a compelling entry into a market with 7.8% annual growth, amplified by its immediate light rail access and city-fringe convenience. The ASPIRE Score of 66/100 indicates a solid foundation, with first-year after-tax cashflow calculated at -$2,620, suggesting a strategic hold for investors targeting long-term capital appreciation in a highly connected 1 bedroom apartment Parramatta investment location.
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Quick Summary
Property Typecommercial
Level19
AspectBuilding L02 - L21
Deposit (20%)$157,200
Loan Amount$628,800
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