Ding Real EstateIntegrated Property Financial Advisory
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Residence
Unit 205
Level 2
2-Bedroom with City Views Residences
Harris Tower — Unit 205 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
61ASPIRE
$1,020,000
2.9% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
125m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,020,000
NSW Stamp Duty
$40,430
Est. Weekly Rent
$572/wk
Gross Yield
2.92%
Year 1 After-Tax Cashflow
$-7,756
Est. Mortgage (80% LVR)
$1152/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 a location that commands a premium, this $1,020,000 apartment offers a 2-bed/2-bath configuration for savvy investors seeking Parramatta's remarkable 28.2% 5-year unit growth. Positioned directly on the light rail doorstep, it provides effortless city connectivity for tenants. The ASPIRE Score of 61/100 reflects a strategic buy for capital appreciation, though investors should note the initial annual cashflow of -$7,756 as part of a long-term growth play.
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Quick Summary
Property Typecommercial
Level2
AspectBuilding L02 - L21
Deposit (20%)$204,000
Loan Amount$816,000
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