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CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 3805
Level 38
2-Bedroom with City Views Residences
Harris Tower — Unit 3805 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,405,000
2.1% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
150m²
Total Area
Aspect: Building L22 - L40
Financial Analysis
Purchase Price
$1,405,000
NSW Stamp Duty
$59,685
Est. Weekly Rent
$572/wk
Gross Yield
2.12%
Year 1 After-Tax Cashflow
$-16,205
Est. Mortgage (80% LVR)
$1587/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
With an ASPIRE Score™ of 59/100, this $1,405,000 3-bedroom apartment represents a fundamentally different proposition to Parramatta's $620,000 median unit market. Positioned on the 38th floor, this 150m² residence offers a substantial family-scale layout and direct light rail access from its doorstep, catering to professional demand. While delivering an estimated $572 per week in rent, investors should note the annual after-tax cashflow of -$16,205, underscoring a strategy prioritising long-term capital growth over immediate yield.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level38
AspectBuilding L22 - L40
Deposit (20%)$281,000
Loan Amount$1,124,000
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