Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2004
Level 20
2-Bedroom with City Views Residences
Harris Tower — Unit 2004 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,173,000
2.5% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,173,000
NSW Stamp Duty
$47,315
Est. Weekly Rent
$572/wk
Gross Yield
2.54%
Year 1 After-Tax Cashflow
$-11,114
Est. Mortgage (80% LVR)
$1325/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 a robust 7.8% annual growth rate, this apartment capitalises on Parramatta's high-performance unit market. Positioned on the 20th floor, this 2 bed, 2 bath residence offers direct light rail access for a connected urban lifestyle. The $572 weekly rent provides strong tenant demand, yet the $11,114 annual cashflow gap requires an investor strategy focused on substantial capital growth over immediate yield, as reflected in its 60/100 ASPIRE Score™.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level20
AspectBuilding L02 - L21
Deposit (20%)$234,600
Loan Amount$938,400
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