OFF MARKET

355 Draper Street
Parramatta Park QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 809m2
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Property Details for 355 Draper St, Parramatta Park

355 Draper St, Parramatta Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 809m2.

Building Type
Unit
Land Size
809m2
Local Government
Cairns Regional
Lot/Plan
SP170375

Last Listing description (April 2019)

Located in the highly sought-after suburb of Parramatta Park is this low maintenance block of six apartments with dual street access. This is a fantastic opportunity for any investor looking for long term capital growth coupled with a brilliant yield.
Parramatta Park is popular due to its accessibility to significant infrastructure, public transport options and primary, secondary and tertiary education campuses on your door step. This property is located only 1.2km from Cairns Central shopping centre, 2k from the Carins CBD and 6km from the Cairns international airport.
The complex sits proudly on 809m and each apartment consists of 2 bedrooms, 1 bathroom, 1 designated car space. The units are spacious in size ranging in size from 80 to 105m. What makes this complex unique is that each unit is strata titled which means each unit can be sold separately with minimal hassle.

Currently the complex is returning $1,310/week with significant room to increase the rents in the current market. Don't miss out on the brilliant opportunity to expand your property portfolio, call today to arrange an inspection.

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Property History for 355 Draper St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Listed for Rent
$330/w
25 Jun 2020
  • 25 Oct 2018
    Listed for Sale $855,000

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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 1,941 properties.

    There are currently 31 properties listed for sale, and 7 properties listed for rent in Parramatta park on OnTheHouse. According to CoreLogic's data, 72 properties were sold in the past 12 months in Parramatta park.

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