Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2305
Level 23
2-Bedroom with City Views Residences
Harris Tower — Unit 2305 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,298,000
2.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,298,000
NSW Stamp Duty
$53,800
Est. Weekly Rent
$572/wk
Gross Yield
2.29%
Year 1 After-Tax Cashflow
$-13,857
Est. Mortgage (80% LVR)
$1466/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 ASPIRE Score™ of 59/100 indicates a premium, this $1.298 million 2 bedroom apartment Parramatta investment is positioned for lifestyle, offering direct light rail access and panoramic city views from its 23rd-floor aspect. The estimated $572 weekly rent provides a 2.29% yield, with first-year cashflow projected at -$13,857, a strategic trade for capital growth exposure in a suburb where unit values have risen 7.8% in the past year alone.
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Quick Summary
Property Typecommercial
Level23
AspectBuilding L22 - L40
Deposit (20%)$259,600
Loan Amount$1,038,400
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