Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3904
Level 39
2-Bedroom with City Views Residences
Harris Tower — Unit 3904 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,220,000
2.4% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
128m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,220,000
NSW Stamp Duty
$49,510
Est. Weekly Rent
$572/wk
Gross Yield
2.44%
Year 1 After-Tax Cashflow
$-12,145
Est. Mortgage (80% LVR)
$1378/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 a premium $1,220,000 price point commanding a modest 2.44% yield, this high-floor apartment presents a strategic, lifestyle-driven capital growth play. The 39th-level residence offers two-bedroom convenience and direct light rail access, placing Parramatta's thriving CBD lifestyle at your doorstep. Despite a forecast first-year cashflow shortfall of $12,145, its ASPIRE Score™ of 59/100 highlights potential for investors prioritising long-term appreciation over immediate income, within a suburb where unit values have surged 28.2% over five years.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level39
AspectBuilding L22 - L40
Deposit (20%)$244,000
Loan Amount$976,000
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