Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3303
Level 33
2-Bedroom with City Views Residences
Harris Tower — Unit 3303 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,710,000
1.7% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
122m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,710,000
NSW Stamp Duty
$76,460
Est. Weekly Rent
$572/wk
Gross Yield
1.74%
Year 1 After-Tax Cashflow
$-22,899
Est. Mortgage (80% LVR)
$1931/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 $1.71M 3-bedroom apartment represents a premium lifestyle proposition rather than a cashflow-positive investment, evidenced by its 1.74% yield against Parramatta's 4.8% unit average. Positioned on the 33rd floor, it offers spacious 122sqm living with direct light rail access for urban professionals. The first-year after-tax cashflow of -$22,899 highlights that its financial return is predicated on long-term capital growth in this high-demand 2150 postcode.
Explore Other Residences
Related Insights
Parramatta Suburb Profile
2150 · Median $620K
Property Insights
Off-the-Plan in a Post-Reform World: Why Structure Matters More Than Ever
Off-the-Plan in a Post-Reform World: Why Structure Matters More Than Ever By Graham Chee, CPA, Licensed Real Estate Agen
Rate Rise, CGT, Negative Gearing & Trust Rules: What It Actually Means For Your Next Property Decision
Rate Rise, CGT, Negative Gearing & Trust Rules: What It Actually Means For Your Next Property Decision Australia’s prope
Investing in Melrose Park Apartments: Yield & Growth Guide
Discover why Melrose Park apartments are becoming the hotspot for savvy investors, offering lucrative rental yields, str
Quick Summary
Property Typecommercial
Level33
AspectBuilding L22 - L40
Deposit (20%)$342,000
Loan Amount$1,368,000
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