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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 407
Level 4
2-Bedroom with City Views Residences
Harris Tower — Unit 407 | 2B/2B/0C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
66ASPIRE
$785,000
3.8% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
0
Car Spaces
99m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$785,000
NSW Stamp Duty
$29,855
Est. Weekly Rent
$572/wk
Gross Yield
3.79%
Year 1 After-Tax Cashflow
$-2,598
Est. Mortgage (80% LVR)
$887/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 66/100, this $785,000 2-bedroom Parramatta investment is positioned for robust growth in a 7.8% annual unit growth market. Apartment 407 offers a modern 99m² dual-bathroom configuration and direct access to the Parramatta Light Rail, providing an enviable commuter lifestyle for tenants. The estimated $572 weekly rent delivers a 3.79% yield, and the first-year after-tax cash flow projection of -$2,598 is mitigated by substantial depreciation benefits.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level4
AspectBuilding L02 - L21
Deposit (20%)$157,000
Loan Amount$628,000
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