Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3703
Level 37
2-Bedroom with City Views Residences
Harris Tower — Unit 3703 | 2B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,330,000
2.2% gross yield
Residence Configuration
2
Bedrooms
2
Bathrooms
1
Car Space
106m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,330,000
NSW Stamp Duty
$55,560
Est. Weekly Rent
$572/wk
Gross Yield
2.24%
Year 1 After-Tax Cashflow
$-14,559
Est. Mortgage (80% LVR)
$1502/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
This luxury 2 bedroom apartment at 34 Hassall Street offers a premium Parramatta lifestyle from the 37th floor, yet is priced at a significant $710,000 premium over the suburb's $620,000 unit median, contributing to its ASPIRE Score™ of 59/100. While delivering sophisticated city-fringe living with direct light rail access, the $1,330,000 investment generates an estimated first-year after-tax cashflow of -$14,559, positioning it for the investor prioritising long-term capital growth over immediate yield, which sits at 2.24%.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level37
AspectBuilding L22 - L40
Deposit (20%)$266,000
Loan Amount$1,064,000
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