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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3407
Level 34
2-Bedroom with City Views Residences
Harris Tower — Unit 3407 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
60ASPIRE
$1,060,000
2.8% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
115m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,060,000
NSW Stamp Duty
$42,230
Est. Weekly Rent
$572/wk
Gross Yield
2.81%
Year 1 After-Tax Cashflow
$-8,633
Est. Mortgage (80% LVR)
$1197/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
Strategically priced at $1,060,000, this 2-bedroom apartment offers a prime Parramatta investment entry point below the current suburb median of $620,000 for units. Occupying the 34th floor with commanding city views, it combines sophisticated high-rise living with direct light rail access for unparalleled connectivity. While its ASPIRE Score™ of 60/100 indicates focused due diligence, the property presents an estimated annual rental of $29,744, catering to strong tenant demand in a suburb with a tight 2.8% vacancy rate.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level34
AspectBuilding L22 - L40
Deposit (20%)$212,000
Loan Amount$848,000
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