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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 2803
Level 28
2-Bedroom with City Views Residences
Harris Tower — Unit 2803 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,660,000
1.8% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
122m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,660,000
NSW Stamp Duty
$73,710
Est. Weekly Rent
$572/wk
Gross Yield
1.79%
Year 1 After-Tax Cashflow
$-21,802
Est. Mortgage (80% LVR)
$1875/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
Positioned in Parramatta’s high-growth unit market (5Y growth 28.2%), this $1,660,000, 3-bedroom residence offers a commanding 28th-floor perspective and direct light rail access. Despite a current 1.79% yield, its scarcity value and significant $73,710 stamp duty cost are offset by exceptional rental demand in a suburb with a tight 2.8% vacancy rate, a key insight for strategic investors weighing long-term capital growth against short-term cashflow.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level28
AspectBuilding L22 - L40
Deposit (20%)$332,000
Loan Amount$1,328,000
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