Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 4004
Level 40
2-Bedroom with City Views Residences
Harris Tower — Unit 4004 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,805,000
1.6% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
149m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,805,000
NSW Stamp Duty
$81,685
Est. Weekly Rent
$572/wk
Gross Yield
1.65%
Year 1 After-Tax Cashflow
$-24,984
Est. Mortgage (80% LVR)
$2039/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
While the $1,805,000 price point demands scrutiny, this 3-bedroom apartment offers a premium 149m² footprint on the 40th floor, delivering a lifestyle of scale and elevation mere steps from Parramatta's light rail. Investors should note the ASPIRE Score of 58/100 and a projected first-year cashflow of -$24,984, indicating this asset is geared for capital growth over immediate yield, suiting a long-term strategy in a suburb where units have grown 28.2% over five years.
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2150 · Median $620K
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Quick Summary
Property Typecommercial
Level40
AspectBuilding L22 - L40
Deposit (20%)$361,000
Loan Amount$1,444,000
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