OFF MARKET

356 Severin Street
Parramatta Park QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 107m2
Land area: 491m2
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Property Details for 356 Severin St, Parramatta Park

356 Severin St, Parramatta Park is a 4 bedroom, 2 bathroom House and was built in 1950. The property has a land size of 491m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in July 2014.

Building Type
House
Year Built
1950
Floor Size
107m2
Land Size
491m2
Local Government
Cairns Regional
Lot/Plan
1/RP709408

Last Listing description (November 2024)

A property with great returns and lots of potential. You can either choose to maintain it as the current thriving business, with international students leasing at a 10% gross return, or you can divide the block into two and build your new home-or even double the potential income due to the two-street access.

This charming Queenslander property features four bedrooms, two bathrooms, and an office, with an upgraded communal kitchen, lots of open space, and plenty of storage underneath that can be converted into additional areas. Located on the city's fringe, there's no shortage of interest in FNQ from Working Holiday Makers, students, and nurses looking to live and work close to the city, making this a perfect investment for you.

STANDOUT FEATURES

- Fantastic investment opportunity or large Queenslander house close to the city.
- 4 bedrooms, 2 bathrooms, additional study, and lots of storage underneath with fans and air-conditioning.
- Both levels have one bathroom each, with vanity, shower, and toilet, ensuring ample space for residents living on-site.
- Choose to leave it as is, or divide the block, build a new dream home, or double your potential income via two-street access on Clare Street and Severin Street.
- The property comes fully furnished, with all beds, couches, and chairs, washing machine, barbecue, including utensils for cooking (plates, bowls, cups, forks, and knives).
- New large kitchen with induction cook top, electric oven, dishwasher and with individual large pantry spaces for each room, along with multiple fridges and freezers to ensure each resident has sufficient space for their cooking needs.
- Multiple indoor and outdoor common areas, with an upstairs balcony on both sides to enjoy company, or just unwind and relax.
- Brand new roof, Timber floors, air-conditioning, and fans throughout all bedrooms and living spaces.
- Conveniently located close to the CBD, major schools, shops, and amenities.
- Forecasted 10-15% gross returns per annum.

*** BEST OFFERS ON OR BEFORE 5.00 pm on Wednesday 30th October 2024, unless the property is sold prior to this date. For more information, to pre-register, or to arrange your own private inspection please call JAN HOOGHE on 0406 520 941 ***

Please call JAN HOOGHE on 0406 520 941 or SEAN THORPE 0431 052 490 for more information or to book your very own private inspection or receiving your full virtual walk through.

Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavors have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement

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Property History for 356 Severin St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$340,000
09 Jul 2014
Listed for Rent
$380/w
08 Apr 2011
  • 02 Oct 2024
    Listed for Sale NEW PRICE GUIDE | Mid to High $700,000?s
  • 29 Apr 2024
    Listed for Sale Contact Agent
  • 09 Jul 2014
    Sold for $340,000
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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 1,923 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:

  • The median value for Houses in Parramatta Park is $583,677 while the median value for Units is $406,749.
  • Houses have a median rent of $500 while Units have a median rent of $435.
There are currently 39 properties listed for sale, and 12 properties listed for rent in Parramatta park on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Parramatta park.

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