Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 208
Level 2
2-Bedroom with City Views Residences
Harris Tower — Unit 208 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,100,000
2.7% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
107m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,100,000
NSW Stamp Duty
$44,030
Est. Weekly Rent
$572/wk
Gross Yield
2.70%
Year 1 After-Tax Cashflow
$-9,511
Est. Mortgage (80% LVR)
$1242/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
Priced at a significant premium to Parramatta's $620,000 unit median, this $1.1 million purchase challenges immediate yield at 2.7%. Its 2-bedroom, 2-bathroom layout with direct light rail access delivers a high-amenity lifestyle, yet the first-year after-tax cashflow deficit of $9,511 and ASPIRE Score™ of 60/100 indicate it's a growth-focused play reliant on strong capital appreciation to offset near-term holding costs.
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2150 · Median $620K
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Quick Summary
Property Typecommercial
Level2
AspectBuilding L02 - L21
Deposit (20%)$220,000
Loan Amount$880,000
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