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Residence
Unit 3503
Level 35
2-Bedroom with City Views Residences
Harris Tower — Unit 3503 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,320,000
2.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,320,000
NSW Stamp Duty
$55,010
Est. Weekly Rent
$572/wk
Gross Yield
2.25%
Year 1 After-Tax Cashflow
$-14,340
Est. Mortgage (80% LVR)
$1491/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 59/100, this $1,320,000 unit falls short as a pure financial instrument, delivering a 2.25% yield against the suburb's 4.8% median. However, its premium 35th-floor configuration with direct light rail access offers a lifestyle proposition in Parramatta's high-growth core. Investors should note the forecasted first-year cashflow deficit of -$14,340, positioning this 2 bedroom apartment Parramatta investment as a long-term capital growth play rather than an immediate income source.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level35
AspectBuilding L22 - L40
Deposit (20%)$264,000
Loan Amount$1,056,000
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