OFF MARKET

4/437 Draper Street
Parramatta Park QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 57m2
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Property Details for 4/437 Draper St, Parramatta Park

4/437 Draper St, Parramatta Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 57m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
1997
Floor Size
57m2
Land Size
57m2
Local Government
Cairns Regional
Lot/Plan
4/BUP106326

Last Listing description (December 2021)

You're welcome to inspect unit 4 at 437 Draper Street, Parramatta Park.

Positioned only minutes from the Cairns CBD, Shops and The Esplanade this quality one-bedroom is a perfect entry level investment property or a nice and cozy place to live. Located in the ""Grove Manor"", in a gated and secure complex this unit will provide you with a carefree lifestyle with no garden maintenance required or too much to clean. Neat and tidy throughout the unit offers spacious interior, tiled and air-conditioned living area, air-conditioned and built-in to bedroom, patio, secure undercover parking, and pool in complex.

Features include:

* One bedroom
* One bathroom
* Patio
* Air conditioned
* Kitchen with lot of counter space
* Internal laundry
* Secure parking
* Gated complex
* Shared pool

For investors:

Price: $169,000
Rental Appraised: $300 - $345 per week
Rates: $2,600 approximately per year
Body Corporate approximately : $3,569

Potential rental Yield: Approximately 7% (Estimate only based on the highest rent return)
Potential rental income: $17,940 (Estimate only based on the highest rent return)

A great investment with a good steady rental return and a long term tenant that would love to stay.

Call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.
* Currently rented until January 2022
**Photos have been digitally cleaned and digital furniture applied to keep the tenant privacy

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Property History for 4/437 Draper St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$165,000
23 Nov 2021
Listed for Rent
$200/w
08 Jun 2013
  • 23 Nov 2021
    Sold for $165,000
  • 21 Nov 2021
    Listed for Sale Offers over $169,000
  • 06 Jun 2013
    Listed for Rent - Price not available
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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 1,940 properties.

    There are currently 30 properties listed for sale, and 6 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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