Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2304
Level 23
2-Bedroom with City Views Residences
Harris Tower — Unit 2304 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,204,000
2.5% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,204,000
NSW Stamp Duty
$48,710
Est. Weekly Rent
$572/wk
Gross Yield
2.47%
Year 1 After-Tax Cashflow
$-11,794
Est. Mortgage (80% LVR)
$1360/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
Positioned in Parramatta, this 2 bedroom apartment investment offers an ASPIRE Score™ of 60/100, indicating a strategic entry into a high-growth precinct with a 7.8% annual unit price increase. Spanning 106m², this 23rd-floor residence leverages doorstep light rail access for a high-amenity lifestyle, priced at $1,204,000. With estimated rent of $572/week, your first-year cashflow requires a strategic $11,794 equity contribution, targeting Parramatta's strong 28.2% five-year unit growth.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level23
AspectBuilding L22 - L40
Deposit (20%)$240,800
Loan Amount$963,200
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