Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 303
Level 3
2-Bedroom with City Views Residences
Harris Tower — Unit 303 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,125,000
2.6% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
132m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,125,000
NSW Stamp Duty
$45,155
Est. Weekly Rent
$572/wk
Gross Yield
2.64%
Year 1 After-Tax Cashflow
$-10,060
Est. Mortgage (80% LVR)
$1271/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 below Parramatta's $620,000 unit median at $1,125,000, this oversized 132m² 2-bed apartment on Hassall St offers direct light rail access for a high-capital growth lifestyle. While its 2.64% yield generates $572/wk in rent, the ASPIRE Score™ of 60/100 highlights the initial cashflow challenge of -$10,060 annually, underscoring a strategy focused on leveraging Parramatta's strong 7.8% growth for equity gain over immediate income.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level3
AspectBuilding L02 - L21
Deposit (20%)$225,000
Loan Amount$900,000
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