Ding Real EstateIntegrated Property Financial Advisory
Residence
Unit 406
Level 4

2-Bedroom with City Views Residences

Harris Tower — Unit 406 | 3B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

59ASPIRE
$1,235,000
2.4% gross yield

Residence Configuration

3
Bedrooms
2
Bathrooms
1
Car Space
124
Total Area
Aspect: Building L02 - L21

Financial Analysis

Purchase Price
$1,235,000
NSW Stamp Duty
$50,335
Est. Weekly Rent
$572/wk
Gross Yield
2.41%
Year 1 After-Tax Cashflow
$-12,474
Est. Mortgage (80% LVR)
$1395/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 this 3 bedroom apartment Parramatta investment commands a $1,235,000 price point, its initial 2.41% yield is offset by Parramatta's robust 7.8% annual unit growth and 4.8% suburb yield, signaling strong capital appreciation potential. This spacious 124m² floorplan offers family-sized living high in the sought-after Hassall Street precinct, placing the future Parramatta Light Rail at your doorstep for a 90/100 transport lifestyle. The current ASPIRE Score of 59/100 highlights this as a strategic, growth-focused entry into a high-demand rental market with a tight 2.8% vacancy rate, where the $572/week estimated rent provides a foundation for long-term wealth building.

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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typecommercial
Level4
AspectBuilding L02 - L21
Deposit (20%)$247,000
Loan Amount$988,000

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