FOR SALE
Offers Over $500,000 + GST

40 Florence Street
Parramatta Park QLD 4870

Bedrooms: 8
Bathrooms: 4
Car spaces: -
Land area: 458m2
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High Exposure Redevelopment Opportunity

Colliers Cairns offers for sale the commercial freehold property located at 40 Florence Street, Parramatta Park.
Offered with vacant possession, the property is improved by a high-set Queenslander style dwelling that was previously operating as a boarding house. The 458m2* site is positioned on the major feeder corridor of Florence Street and is surrounded by a hub of commercial businesses, residential dwellings, and fast-food outlets.
Zoned as Commercial - 'Mixed Use' the site offers a wide range of options, including restoration or renovation for single or multiple use accommodation, conversion to commercial or alternate use or a complete redevelopment of the site.
Located just 1.5km* from the Cairns Esplanade and 5.5km* from the Cairns International Airport, the property is poised for growth and is ideally situated to capitalise on the surrounding commercial amenity and convenient city fringe positioning.
Features:
- Substantial 458m2* site
- Commercial - 'Mixed Use' zoning
- Potential for renovation or redevelopment (STCA)
- City fringe location
- Easily accessible location close to main thoroughfares
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Property Details for 40 Florence St, Parramatta Park

40 Florence St, Parramatta Park is a 8 bedroom, 4 bathroom House. The property has a land size of 458m2. The place is currently for sale with Colliers International (Cairns).

Building Type
House
Land Size
458m2

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About Parramatta Park 4870

The size of Parramatta Park is approximately 1.6 square kilometres. It has 4 parks covering nearly 13.9% of total area. The population of Parramatta Park in 2011 was 3,226 people. By 2016 the population was 3,515 showing a population growth of 9.0% in the area during that time. The predominant age group in Parramatta Park is 20-29 years. Households in Parramatta Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parramatta Park work in a community and personal service occupation. In 2011, 29.4% of the homes in Parramatta Park were owner-occupied compared with 29.8% in 2016.

Parramatta Park has 1,941 properties.

    There are currently 29 properties listed for sale, and 7 properties listed for rent in Parramatta park on OnTheHouse. According to CoreLogic's data, 73 properties were sold in the past 12 months in Parramatta park.

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    Stacey Quaid
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    Neil Hartley
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    Colliers International (Cairns)
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