Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2602
Level 26
2-Bedroom with City Views Residences
Harris Tower — Unit 2602 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,094,000
2.7% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,094,000
NSW Stamp Duty
$43,760
Est. Weekly Rent
$572/wk
Gross Yield
2.72%
Year 1 After-Tax Cashflow
$-9,380
Est. Mortgage (80% LVR)
$1236/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 unit offers a prime Parramatta investment priced $474,000 above the suburb median, reflecting its premium 26th-floor position and city views. The 2-bed, 2-bath configuration with light rail access delivers a high-calibre tenant lifestyle in a locale with 90/100 growth potential. Despite the $9,380 first-year cashflow gap, its ASPIRE Score™ of 60/100 highlights the trade-off for long-term capital growth in a tightly held market with a 2.8% vacancy rate.
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Related Insights
Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level26
AspectBuilding L22 - L40
Deposit (20%)$218,800
Loan Amount$875,200
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