281 Severin StreetParramatta Park QLD 4870
Property Details for 281 Severin St, Parramatta Park
281 Severin St, Parramatta Park is a 11 bedroom, 4 bathroom Unit. The property has a land size of 415m2.This Property is currently listed for sale with Freeman's Residential
Last Listing description (September 2024)
Features include:
Seize a prime investment opportunity with this exceptional property in the heart of Parramatta Park. This corner lot, featuring a tastefully converted 2-story Queenslander, presents a compelling prospect for investors seeking modern, low-maintenance units in a highly desirable rental location.
Property Highlights:
Land Size: 415 m2 corner block
Zoning: Residential
Proximity: Close to schools, parks, sports facilities, and only a 3-minute drive to Cairns Central
Public Transport: Conveniently accessible
Security: Gated entry for added peace of mind
Development Potential: Excellent opportunity for future expansion
Unit Details:
Unit 1:
Three bedrooms
One bathroom
Two entrances
Unit 2:
Three bedrooms
One bathroom
Two entrances
Unit 3:
Three bedrooms
One bathroom
Two entrances
Unit 4:
Two bedrooms
One bathroom
Office space
Two entrances
Additional Features:
Modern Conversions: Four contemporary apartments with high-quality fittings throughout
Low Maintenance: Well-maintained garden and efficient upkeep
Rental Returns: High demand in this popular rental area ensures strong returns
This well-located property combines modern convenience with substantial investment potential. The current setup of four distinct units maximizes rental income, while the large corner block offers scope for future development. Whether you want to expand your property portfolio or secure a lucrative investment, 281 Severin Street is a standout choice.
Property History for 281 Severin St, Parramatta Park, QLD 4870
- 06 Sep 2024Listed for Sale Offers around $1,600,000 considered.
- 21 May 2022Sold for $1,200,000
- 21 May 2021Listed for Sale $1,250,000 or near offer
Commute Calculator
Recent sales nearby
See more recent sales nearby
0
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 1,940 properties. Over the last 5 years, Houses in Parramatta Park have seen a 48.78% increase in median value, while Units have seen a 57.61% increase. As at 31 July 2024:
- The median value for Houses in Parramatta Park is $609,866 while the median value for Units is $381,859.
- Houses have a median rent of $585 while Units have a median rent of $440.
Suburb Insights for Parramatta Park 4870
Market Insights
Parramatta Park Trends for Houses
N/A
N/A
View TrendN/A
N/A
Parramatta Park Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
