Local Knowledge PropertyIntegrated Property Financial Advisory
Residence
Unit 2705
Level 27

2-Bedroom with City Views Residences

Harris Tower — Unit 2705 | 2B/2B/1C

34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150

59ASPIRE
$1,280,000
2.3% gross yield

Residence Configuration

2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L22 - L40

Financial Analysis

Purchase Price
$1,280,000
NSW Stamp Duty
$52,810
Est. Weekly Rent
$572/wk
Gross Yield
2.32%
Year 1 After-Tax Cashflow
$-13,462
Est. Mortgage (80% LVR)
$1446/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 apartment's asking price of $1,28 million represents a significant 106% premium over Parramatta's $620,000 unit median, though its ASPIRE Score™ of 59/100 signals a need for deeper due diligence. The 27th-floor, 2-bedroom layout offers a premium lifestyle with direct light rail access, placing a financial imperative on its city view value. With a $13,462 first-year cashflow deficit and a yield of 2.32%, this 2 bedroom apartment Parramatta investment requires a strategy focused on long-term capital growth over immediate rental income.

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Related Insights

Parramatta Suburb Profile
2150 · Median $620K
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Your Agent

Graham Chee
Ding Real Estate
0283388900 [email protected]

Quick Summary

Property Typecommercial
Level27
AspectBuilding L22 - L40
Deposit (20%)$256,000
Loan Amount$1,024,000

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