Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2706
Level 27
2-Bedroom with City Views Residences
Harris Tower — Unit 2706 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,585,000
1.9% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
124m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,585,000
NSW Stamp Duty
$69,585
Est. Weekly Rent
$572/wk
Gross Yield
1.88%
Year 1 After-Tax Cashflow
$-20,156
Est. Mortgage (80% LVR)
$1790/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 just 58/100, this 3 bedroom apartment Parramatta investment reflects its current low yield of 1.88%. However, occupying the entire 124m² level 27 floorplate with two car spaces offers a rare and substantial footprint in a prime light rail corridor. The estimated first-year cashflow of -$20,156 underscores a strategy focused on long-term capitalisation of Parramatta's strong 28.2% five-year unit growth.
Explore Other Residences
Related Insights
Parramatta Suburb Profile
2150 · Median $620K
Property Insights
Mastering Macquarie Parks Investment Strategy
Unlock your investment potential in Macquarie Park with our expert blueprint, guiding you through optimal stamp duty str
Rhodes Redefined: Premium Waterfront Living from $835K
Discover lucrative investment opportunities in Rhodes' premium waterfront properties, boasting exceptional rental yields
Financing a Green Home: Your Guide to Eco-Friendly Mortgages
Explore innovative mortgage options tailored for eco-conscious investors, unlocking financial pathways to sustainable li
Quick Summary
Property Typecommercial
Level27
AspectBuilding L22 - L40
Deposit (20%)$317,000
Loan Amount$1,268,000
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