Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2403
Level 24
2-Bedroom with City Views Residences
Harris Tower — Unit 2403 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,507,000
2.0% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
122m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,507,000
NSW Stamp Duty
$65,295
Est. Weekly Rent
$572/wk
Gross Yield
1.97%
Year 1 After-Tax Cashflow
$-18,444
Est. Mortgage (80% LVR)
$1702/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 as a prime 3 bedroom apartment Parramatta investment, unit 2403 commands a premium $1,507,000 price tag, indicative of its significant 24th-floor configuration and direct light rail access, though this results in a 1.97% yield below the suburb's 4.8% median. Its immediate after-tax cashflow of -$18,444 annually underscores its appeal to investors seeking capital growth over short-term yield, reflected in its ASPIRE Score™ of 58/100, which prioritises high capital appreciation potential.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level24
AspectBuilding L22 - L40
Deposit (20%)$301,400
Loan Amount$1,205,600
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