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Residence
Unit 2604
Level 26
2-Bedroom with City Views Residences
Harris Tower — Unit 2604 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,236,000
2.4% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,236,000
NSW Stamp Duty
$50,390
Est. Weekly Rent
$572/wk
Gross Yield
2.41%
Year 1 After-Tax Cashflow
$-12,496
Est. Mortgage (80% LVR)
$1396/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 and a yield of 2.41%, this $1,236,000 unit faces significant financial headwinds, underperforming Parramatta's median unit yield by 50%. Positioned on the 26th floor with immediate light rail access, the 2-bedroom, 2-bathroom apartment offers a premium lifestyle yet demands a deep-pocketed investor. The projected Year 1 after-tax cashflow of -$12,496 highlights this as a capital growth play reliant on Parramatta's strong 7.8% annual unit growth to offset substantial holding costs.
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Quick Summary
Property Typecommercial
Level26
AspectBuilding L22 - L40
Deposit (20%)$247,200
Loan Amount$988,800
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