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
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:
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.
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:
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