FOR SALE
Offers Over $1,850,000

1&2/3 Whitsunday Street
Parrearra QLD 4575

Bedrooms: 6
Bathrooms: 4
Car spaces: 3
Land area: 630m2
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UNIQUE DUPLEX OFFERING ON KAWANA ISLAND

Auction Location: On-site
Nestled on cosmopolitan Kawana Island, this distinctive property emerges as an extraordinary investment opportunity or an ideal home for extended families.
The substantial 630 square metre allotment accommodates a remarkable duplex, uniquely designed to encompass practicality and comfort across two self contained residences.
Residence 1 offers an inviting single-level layout, featuring two well-proportioned bedrooms, including an ensuited master, main bathroom, and single car garaging. The kitchen serves as the heart of the home, connecting seamlessly into the lounge and dining area, perfect for family gatherings. Additionally, a charming covered alfresco and separate courtyard provide the perfect settings for outdoor relaxation and entertainment.
Residence 2 expands on space and versatility with four bedrooms, two of which are nestled upstairs alongside the main bathroom, lending an element of privacy and retreat. The ground floor revolves around the spacious and functional kitchen accompanied by the combined lounge and dining area and two additional bedrooms, including the ensuited master. The allure of this residence is enhanced by a generous covered alfresco with a perfect North East aspect and a double car garage with side access suitable for the boat or trailer.
With a total of six bedrooms, four bathrooms, and parking for three + vehicles, this duplex ( on one title) offers a multi-generational living solution or an investment prospect generating a combined income of $1450.00 per week (approx).
The potential to add swimming pools to each duplex further elevates the appeal of this dual living property, making it a rare find.
Discover the unique charm of this locale for yourself - with its expansive waterfront bike/walking trails and lush parks, and with charming cafes and restaurants just a stone's throw away, this truly is a desirable offering.
Seize the opportunity to own this unique Island offering, where spacious living and investment potential harmoniously meet.
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Property Details for 1&2/3 Whitsunday St, Parrearra

1&2/3 Whitsunday St, Parrearra is a 6 bedroom, 4 bathroom House with 3 parking spaces and was built in 2006. The property has a land size of 630m2. The place is currently for sale with Adams & Jones Property Specialists.

Building Type
House
Year Built
2006
Land Size
630m2

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About Parrearra 4575

The size of Parrearra is approximately 2.5 square kilometres. It has 14 parks covering nearly 15.9% of total area. The population of Parrearra in 2011 was 4,357 people. By 2016 the population was 4,457 showing a population growth of 2.3% in the area during that time. The predominant age group in Parrearra is 60-69 years. Households in Parrearra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parrearra work in a professional occupation. In 2011, 61.3% of the homes in Parrearra were owner-occupied compared with 63.1% in 2016.

Parrearra has 2,325 properties. Over the last 5 years, Houses in Parrearra have seen a 86.18% increase in median value, while Units have seen a 78.45% increase. As at 30 November 2024:

  • The median value for Houses in Parrearra is $1,443,878 while the median value for Units is $873,822.
  • Houses have a median rent of $818 while Units have a median rent of $650.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Parrearra on OnTheHouse. According to CoreLogic's data, 133 properties were sold in the past 12 months in Parrearra.

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Karen Jones
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Adams & Jones Property Specialists
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