Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2502
Level 25
2-Bedroom with City Views Residences
Harris Tower — Unit 2502 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,084,000
2.7% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,084,000
NSW Stamp Duty
$43,310
Est. Weekly Rent
$572/wk
Gross Yield
2.74%
Year 1 After-Tax Cashflow
$-9,160
Est. Mortgage (80% LVR)
$1224/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 a $1,084,000 price point presenting a -$8,160 first-year cashflow, this 2 bedroom apartment Parramatta investment demands scrutiny, achieving a 60/100 ASPIRE Score™. This high-floor residence at 25 levels offers two-bedroom convenience with direct light rail access, engineered for a low-maintenance urban investor lifestyle. Stamp duty of $43,310 is required, targeting a tenant paying the suburb's $572 median weekly rent amidst Parramatta's tight 2.8% vacancy rate.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level25
AspectBuilding L22 - L40
Deposit (20%)$216,800
Loan Amount$867,200
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