Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3403
Level 34
2-Bedroom with City Views Residences
Harris Tower — Unit 3403 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,310,000
2.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,310,000
NSW Stamp Duty
$54,460
Est. Weekly Rent
$572/wk
Gross Yield
2.27%
Year 1 After-Tax Cashflow
$-14,120
Est. Mortgage (80% LVR)
$1480/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 59/100, this premium 2 bedroom apartment Parramatta investment offers a $572/week estimated rent from its prime 34th-floor vantage point. The lower 2.27% yield reflects the trade-off for its expansive 106m² layout and direct light rail access, positioning it for long-term capital growth in a suburb with 28.2% 5-year unit growth. Investors should model the $14,120 forecast first-year cashflow shortfall against Parramatta's robust 90/100 growth potential.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level34
AspectBuilding L22 - L40
Deposit (20%)$262,000
Loan Amount$1,048,000
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