Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3003
Level 30
2-Bedroom with City Views Residences
Harris Tower — Unit 3003 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,706,000
1.7% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
122m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,706,000
NSW Stamp Duty
$76,240
Est. Weekly Rent
$572/wk
Gross Yield
1.74%
Year 1 After-Tax Cashflow
$-22,812
Est. Mortgage (80% LVR)
$1927/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 high-floor, 3 bedroom apartment at $1,706,000 presents a significant premium over the Parramatta unit median of $620,000. Its 122m² layout offers city views from level 30 and unparalleled light rail access, a lifestyle blueprint for urban professionals. The resulting 1.74% yield and first-year cashflow of -$22,812 signal a strategy prioritising long-term capital growth over immediate rental income, demanding a patient, equity-focused investor.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level30
AspectBuilding L22 - L40
Deposit (20%)$341,200
Loan Amount$1,364,800
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