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Residence
Unit 2804
Level 28
2-Bedroom with City Views Residences
Harris Tower — Unit 2804 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,250,000
2.4% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,250,000
NSW Stamp Duty
$51,160
Est. Weekly Rent
$572/wk
Gross Yield
2.38%
Year 1 After-Tax Cashflow
$-12,803
Est. Mortgage (80% LVR)
$1412/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
Capitalising on Parramatta's 7.8% annual unit growth, this 28th-floor residence offers a premium 2-bedroom investment with unparalleled city views and direct light rail access. Despite a $1,250,000 price point, its strategic position in a high-demand corridor with a 2.8% vacancy rate supports strong tenant retention, though investors should note the ASPIRE Score™ of 59/100 indicates a focus on long-term capital gains over immediate yield, with first-year cashflow projected at -$12,803.
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Quick Summary
Property Typecommercial
Level28
AspectBuilding L22 - L40
Deposit (20%)$250,000
Loan Amount$1,000,000
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