Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2506
Level 25
2-Bedroom with City Views Residences
Harris Tower — Unit 2506 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,638,000
1.8% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
124m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,638,000
NSW Stamp Duty
$72,500
Est. Weekly Rent
$572/wk
Gross Yield
1.82%
Year 1 After-Tax Cashflow
$-21,319
Est. Mortgage (80% LVR)
$1850/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 the 1.82% yield sits below Parramatta's 4.8% unit average, this 3-bedroom apartment commands a premium position on Level 25 for a strategic, long-term capital play. The $1,638,000 property delivers expansive city views and a substantial 124m² footprint, offering rare internal space directly on the light rail corridor. With an ASPIRE Score™ of 58/100, investors should note the first-year after-tax cashflow of -$21,319, positioning this for those prioritising significant capital growth over immediate rental income.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level25
AspectBuilding L22 - L40
Deposit (20%)$327,600
Loan Amount$1,310,400
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