Ding Real EstateIntegrated Property Financial Advisory
CPA Public Practice·AFSL Since 2001·Licensed Real Estate·$300M+ Settled
Residence
Unit 903
Level 9
2-Bedroom with City Views Residences
Harris Tower — Unit 903 | 3B/2B/1C
34 Hassall St Parramatta NSW 2150 · Parramatta, NSW 2150
59ASPIRE
$1,340,000
2.2% gross yield
Residence Configuration
3
Bedrooms
2
Bathrooms
1
Car Space
122m²
Total Area
Aspect: Building L02 - L21
Financial Analysis
Purchase Price
$1,340,000
NSW Stamp Duty
$56,110
Est. Weekly Rent
$572/wk
Gross Yield
2.22%
Year 1 After-Tax Cashflow
$-14,779
Est. Mortgage (80% LVR)
$1514/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
Despite its low ASPIRE Score™ of 59/100, this $1.34 million, 3-bedroom apartment at 34 Hassall St offers a spacious 122m² Parramatta layout from the ninth floor, positioned directly for future city views and immediate light rail access. The current yield of 2.22% translates to an estimated $572 per week in rent, but investors should note the first-year after-tax cashflow projection of -$14,779, requiring a strategy focused on long-term capital growth over immediate income.
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Parramatta Suburb Profile
2150 · Median $620K
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Quick Summary
Property Typecommercial
Level9
AspectBuilding L02 - L21
Deposit (20%)$268,000
Loan Amount$1,072,000
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