Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2205
Level 22
2-Bedroom with City Views Residences
Harris Tower — Unit 2205 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,288,000
2.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,288,000
NSW Stamp Duty
$53,250
Est. Weekly Rent
$572/wk
Gross Yield
2.31%
Year 1 After-Tax Cashflow
$-13,637
Est. Mortgage (80% LVR)
$1455/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 and a yield of 2.31%, this $1,288,000 investment offers a prime Parramatta address, but requires a strategic approach to capital growth. The 22nd-floor, 2-bedroom apartment provides doorstep light rail access, positioning it for the city's $62,000 median-income tenant demand. Investors should note the first-year cashflow projection of -$13,637, prioritising long-term capital growth over immediate yield in this high-transport suburb.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level22
AspectBuilding L22 - L40
Deposit (20%)$257,600
Loan Amount$1,030,400
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