17 Warrego St, Parramatta Park is a 7 bedroom, 3 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 443m2 and floor size of 246m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Are you looking for a blue-chip investment, then look no further than this one! Currently rented for $850 per week, offering an impressive 6.3% return (approx), this 6-bedroom home PLUS granny flat has it all.
Located in the heart of Cairns, just 100m from Cairns Central Shopping Centre, this grand old lady offers one lucky buyer an amazing opportunity to profit from both capital growth and positive cash flow.
Upstairs:
Downstairs:
- 1 Bedroom/1 bathroom self-contained flat
- 4 Bedroom/1 bathroom self-contained flat
- Fully fenced yard
- Double carport with roller door
Parramatta Park is fast becoming the trendiest suburb in Cairns, with many savvy investors realising the need for short term accommodation and quality inner-city dwellings. With many upmarket cafes and boutique restaurants in the area, Parramatta Park is home to a wide range of people including international students and young professional couples.
For more information and to inspect, contact Ken Higgins today!
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 1,936 properties. Over the last 5 years, Houses in Parramatta Park have seen a 49.06% increase in median value, while Units have seen a 57.63% increase. As at 31 August 2024:
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