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Residence
Unit 2805
Level 28
2-Bedroom with City Views Residences
Harris Tower — Unit 2805 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,290,000
2.3% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
101m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,290,000
NSW Stamp Duty
$53,360
Est. Weekly Rent
$572/wk
Gross Yield
2.31%
Year 1 After-Tax Cashflow
$-13,681
Est. Mortgage (80% LVR)
$1457/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
Priced at $1,290,000, this unit presents a clear price premium over Parramatta's $620,000 median, reflected in a lower 2.31% yield and an ASPIRE Score of 59/100. This high-level, 2-bedroom residence offers direct light rail doorstep access, ideal for tenants prioritising connectivity. With a first-year after-tax cashflow of -$13,681, investors should model for strong capital growth to offset the initial holding costs for this premium 2 bedroom apartment Parramatta investment.
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Quick Summary
Property Typecommercial
Level28
AspectBuilding L22 - L40
Deposit (20%)$258,000
Loan Amount$1,032,000
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