Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 2505
Level 25

2-Bedroom with City Views Residences

Harris Tower — Unit 2505 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

59ASPIRE
$1,319,000
2.3% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
101
Total Area
Aspect: Building L22 - L40

Financial Analysis

Purchase Price
$1,319,000
NSW Stamp Duty
$54,955
Est. Weekly Rent
$572/wk
Gross Yield
2.26%
Year 1 After-Tax Cashflow
$-14,318
Est. Mortgage (80% LVR)
$1490/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

This $1,319,000 investment presents a high-spec 2-bedroom apartment with a prime 25th-floor perspective and direct light rail access, targeting a lifestyle-driven tenant in a suburb where rental demand holds strong at a 2.8% vacancy rate. However, with an ASPIRE Score™ of 59/100, investors should note the current $14,318 annual cashflow shortfall against Parramatta's robust 7.8% annual unit growth, requiring a strategy focused on long-term capital gains over immediate yield.

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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typecommercial
Level25
AspectBuilding L22 - L40
Deposit (20%)$263,800
Loan Amount$1,055,200

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