Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 705
Level 7
2-Bedroom with City Views Residences
Harris Tower — Unit 705 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,080,000
2.8% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,080,000
NSW Stamp Duty
$43,130
Est. Weekly Rent
$572/wk
Gross Yield
2.75%
Year 1 After-Tax Cashflow
$-9,072
Est. Mortgage (80% LVR)
$1220/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
This 2 bedroom apartment Parramatta investment presents a compelling entry point at $1,080,000, positioned just below the local $1.2M unit median for strategic upside, yet carries an ASPIRE Score™ of 60/100 requiring due diligence. The high-floor configuration offers expansive city views and direct light rail access, engineered for a premium tenant lifestyle. With an estimated weekly rent of $572 driving a 2.75% yield, investors should model for a first-year after-tax cashflow position of -$9,072, targeting long-term capital growth in this high-demand corridor.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level7
AspectBuilding L02 - L21
Deposit (20%)$216,000
Loan Amount$864,000
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