Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3702
Level 37
2-Bedroom with City Views Residences
Harris Tower — Unit 3702 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,750,000
1.7% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
122m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,750,000
NSW Stamp Duty
$78,660
Est. Weekly Rent
$572/wk
Gross Yield
1.70%
Year 1 After-Tax Cashflow
$-23,777
Est. Mortgage (80% LVR)
$1977/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, this $1,750,000 3 bedroom apartment Parramatta investment sits at a notable premium to the suburb's $620,000 unit median. Its high-floor, 3-bed configuration offers substantial space and light rail doorstep access for effortless city connectivity. The current 1.7% yield highlights a capital growth-focused strategy, with first-year after-tax cashflow estimated at -$23,777, demanding a long-term outlook.
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Quick Summary
Property Typecommercial
Level37
AspectBuilding L22 - L40
Deposit (20%)$350,000
Loan Amount$1,400,000
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