Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2406
Level 24
2-Bedroom with City Views Residences
Harris Tower — Unit 2406 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,627,000
1.8% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
124m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,627,000
NSW Stamp Duty
$71,895
Est. Weekly Rent
$572/wk
Gross Yield
1.83%
Year 1 After-Tax Cashflow
$-21,078
Est. Mortgage (80% LVR)
$1838/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 58/100, this $1,627,000 3-bedroom apartment presents a strategic entry into Parramatta's high-growth unit market, which has delivered 28.2% growth over five years. Its premium 24th-floor position within a sought-after building tier offers a substantial 124m² family-sized layout mere steps from the light rail. The estimated $572 weekly rent highlights strong tenant demand, though investors should note the 1.83% yield and plan for the initial $21,078 annual cashflow shortfall as part of a long-term capital growth strategy.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level24
AspectBuilding L22 - L40
Deposit (20%)$325,400
Loan Amount$1,301,600
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