Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 1105
Level 11
2-Bedroom with City Views Residences
Harris Tower — Unit 1105 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,162,000
2.6% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,162,000
NSW Stamp Duty
$46,820
Est. Weekly Rent
$572/wk
Gross Yield
2.56%
Year 1 After-Tax Cashflow
$-10,872
Est. Mortgage (80% LVR)
$1312/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
Positioned above the suburb's $620,000 unit median, this $1,16M, 2-bed apartment offers a lower 2.56% yield but leverages Parramatta's potent 28.2% five-year unit growth. Its 11th-floor aspect delivers city sightlines and immediate light rail access, ideal for professionals. With an ASPIRE Score of 60/100, investors should note the first-year cashflow position of -$10,872, anticipating long-term capital appreciation over immediate rental returns.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level11
AspectBuilding L02 - L21
Deposit (20%)$232,400
Loan Amount$929,600
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