Local Knowledge PropertyIntegrated Property Financial Advisory
Residence
Unit 1706
Level 17

2-Bedroom with City Views Residences

Harris Tower — Unit 1706 | 3B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

59ASPIRE
$1,428,000
2.1% gross yield

Residence Configuration

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

Financial Analysis

Purchase Price
$1,428,000
NSW Stamp Duty
$60,950
Est. Weekly Rent
$572/wk
Gross Yield
2.08%
Year 1 After-Tax Cashflow
$-16,710
Est. Mortgage (80% LVR)
$1613/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 3 bedroom apartment in Parramatta presents a strategic investment priced at $1,428,000, commanding a significant premium over the $620,000 unit median, reflecting its prime 17th-floor position and generous 124m² layout. While the ASPIRE Score™ is 59, the asset offers substantial space and light rail convenience for professional tenants. Investors should note the calculated first-year after-tax cashflow position of -$16,710, a scenario balanced by the suburb's strong 7.8% annual unit growth for those with a patient capital strategy.

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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
Level17
AspectBuilding L02 - L21
Deposit (20%)$285,600
Loan Amount$1,142,400

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