Local Knowledge PropertyIntegrated Property Financial Advisory
Residence
Unit 1506
Level 15

2-Bedroom with City Views Residences

Harris Tower — Unit 1506 | 3B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

59ASPIRE
$1,408,000
2.1% gross yield

Residence Configuration

3
Bedrooms
2
Bathrooms
1
Car Space
124m²
Total Area
Aspect: Building L02 - L21

Financial Analysis

Purchase Price
$1,408,000
NSW Stamp Duty
$59,850
Est. Weekly Rent
$572/wk
Gross Yield
2.11%
Year 1 After-Tax Cashflow
$-16,271
Est. Mortgage (80% LVR)
$1590/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 just 59/100, this 3 bedroom apartment Parramatta investment presents a significant opportunity cost versus the suburb's median unit price of $620,000. The expansive 124m² layout offers family-sized living in a premier light rail-connected tower, however its current $1,408,000 price point results in a first-year cashflow deficit of $-16,271, demanding a strategy focused squarely on long-term capital growth over immediate yield.

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Parramatta Suburb Profile
2150 · Median $620K
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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typecommercial
Level15
AspectBuilding L02 - L21
Deposit (20%)$281,600
Loan Amount$1,126,400

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