20 Harris St, Parramatta Park is a 8 bedroom, 4 bathroom Unit with 4 parking spaces and was built in 1930. The property has a land size of 415m2 and floor size of 245m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 8 bedroom Unit sold in Parramatta Park in the last 12 months.
This traditional Queenslander has been reconfigured into 4 x 2 bed and 1 bath units that provide a steady and substantial income for the owners. Located only minutes into town and the iconic Esplanade, this area is popular all the time and with vacancy rates below 1%, guarantees that income can be maximised.
Each unit features 2 bedrooms with new split system air conditioning, a full-sized kitchen, bathroom and sitting room. The ground floor units have their own patio, while the top floor units have a full-length veranda at the front of the house and a shared deck at the back.
With town and the major shopping centre only a few blocks away, there is scope to improve some aspects of the units and building to increase the value of the property.
The numbers that matter:
- BC fees NIL
- Current Rental Income $81,120pa
- Council rates approx. $5,400pa
- Building insurance approx. $2400pa
*Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.*
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 1,921 properties. Over the last 5 years, Houses in Parramatta Park have seen a 41.21% increase in median value, while Units have seen a 65.86% increase. As at 31 October 2024:
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