Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2906
Level 29
2-Bedroom with City Views Residences
Harris Tower — Unit 2906 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,605,000
1.9% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
124m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,605,000
NSW Stamp Duty
$70,685
Est. Weekly Rent
$572/wk
Gross Yield
1.85%
Year 1 After-Tax Cashflow
$-20,595
Est. Mortgage (80% LVR)
$1813/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 58/100 and an estimated yield of 1.85%, this $1,605,000 apartment offers a strategic entry into Parramatta's high-growth prestige market. Set on the 29th floor, the 3-bedroom residence promises effortless city connectivity via light rail, coupled with a spacious 124m² family-friendly layout. While the $572 weekly rent indicates strong tenant demand, the negative year-one cashflow underscores a patient, capital growth-focused strategy for this premium 3 bedroom apartment Parramatta investment.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level29
AspectBuilding L22 - L40
Deposit (20%)$321,000
Loan Amount$1,284,000
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