Local Knowledge PropertyIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 901
Level 9
2-Bedroom with City Views Residences
Harris Tower — Unit 901 | 1B/1B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
70ASPIRE
$720,000
4.1% gross yield
Residence Configuration
1
Bedroom
1
Bathroom
1
Car Space
76m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$720,000
NSW Stamp Duty
$26,930
Est. Weekly Rent
$572/wk
Gross Yield
4.13%
Year 1 After-Tax Cashflow
$-1,171
Est. Mortgage (80% LVR)
$813/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
Offering a compelling entry point at $720,000, this investment presents a strategic opportunity below the suburb's $620,000 unit median, supported by a 70/100 ASPIRE Score. Unit 901 delivers a premium 1-bedroom lifestyle on the 9th floor with doorstep light rail access, positioning you in the heart of Parramatta's growth corridor. While the first-year cashflow is estimated at -$1,171, the strong local rental demand evidenced by a 2.8% vacancy rate secures your estimated $572 weekly return.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level9
AspectBuilding L02 - L21
Deposit (20%)$144,000
Loan Amount$576,000
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