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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3801
Level 38
2-Bedroom with City Views Residences
Harris Tower — Unit 3801 | 3B/2B/2C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
57ASPIRE
$2,205,000
1.4% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
2
Car Spaces
178m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$2,205,000
NSW Stamp Duty
$103,685
Est. Weekly Rent
$572/wk
Gross Yield
1.35%
Year 1 After-Tax Cashflow
$-33,763
Est. Mortgage (80% LVR)
$2491/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 as a premium 3 bedroom apartment Parramatta investment, this 38th-floor residence delivers expansive city vistas and unparalleled light rail access, though its 1.35% yield reflects its luxury positioning. With a $2,205,000 price point significantly above the $620,000 suburb median, the property's ASPIRE Score™ of 57/100 indicates investors should anticipate a first-year after-tax cashflow of -$33,763, prioritising long-term capital growth over immediate rental income.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level38
AspectBuilding L22 - L40
Deposit (20%)$441,000
Loan Amount$1,764,000
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