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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3405
Level 34
2-Bedroom with City Views Residences
Harris Tower — Unit 3405 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
58ASPIRE
$1,655,000
1.8% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
124m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,655,000
NSW Stamp Duty
$73,435
Est. Weekly Rent
$572/wk
Gross Yield
1.80%
Year 1 After-Tax Cashflow
$-21,692
Est. Mortgage (80% LVR)
$1869/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
While Parramatta's median unit price is $620,000, this 3-bedroom apartment presents a premium and spacious 124m² layout for $1,655,000. Positioned high on level 34, it offers city vistas and capitalises on a 90/100 transport score with light rail doorstep access. Investors should note the initial after-tax cashflow of -$21,692, reflecting a 1.8% yield, which is balanced by Parramatta's 7.8% annual unit growth for capital appreciation-focused portfolios with an ASPIRE Score of 58/100.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level34
AspectBuilding L22 - L40
Deposit (20%)$331,000
Loan Amount$1,324,000
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