42A Gatton StreetParramatta Park QLD 4870
Property Details for 42a Gatton St, Parramatta Park
42a Gatton St, Parramatta Park is a 9 bedroom, 3 bathroom House and was built in 1950. The property has a land size of 404m2 and floor size of 230m2.This Property is currently listed for sale with Powerhouse Property Cairns
Last Listing description (October 2024)
Attention Savvy Investors and Builders!
Heres your chance to turn the *worst house on the best street* into a crown jewel of inner-city living! Weve tackled the hard partremoving squatters, 10 truckloads of rubbish, and more drama than a soap opera. Now its YOUR turn to shine!
Property Highlights:
- 3 Bathrooms No more morning line-ups!
- 2 Kitchens Cook up a storm or create separate cooking spaces
- Prime Location Steps from Cairns CBD and Central
The neighbours? Theyll be thrilled with youbecause theyve seen it all before. Imagine the satisfaction of transforming this diamond in the rough into a dream property that the whole neighbourhood will admire!
Why This Property?
- Unbeatable Potential Renovate, flip, or lease
- Prime Location High demand area, high return potential
- Auction Ready Seize this opportunity and make it yours!
This property presents a significant rental income opportunity. While it does require substantial work to restore it to its former condition, it previously generated $2,000 per week ($8,000 per month) in rental income as share accommodation.
Don't miss out! This is your chance to capitalize on a project with massive upside. Bring your vision, your tools, and your ambition. The path to a lucrative investment begins here!
Contact us now to register for the auction or schedule a viewing. Act fastproperties with this much potential dont last long!
Auction Date: 9:00am Saturday 19th October 2024
Paris Cream - 0476 769 144
paris@phpfnq.com.au
Kate Fern - 0477 701 502
kate@phpfnq.com.au
#RenovationOpportunity #CairnsRealEstate #InvestorAlert #Auction #RealEstateGoals
Property History for 42a Gatton St, Parramatta Park, QLD 4870
- 16 Sep 2024Listed for Sale JUST LISTED
- 03 Nov 2017Sold for $510,000
- 20 Jun 2017Listed for Sale PRESENT ALL REASONABLE OFFERS
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0About 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 1,936 properties. Over the last 5 years, Houses in Parramatta Park have seen a 49.06% increase in median value, while Units have seen a 57.63% increase. As at 31 August 2024:
- The median value for Houses in Parramatta Park is $607,970 while the median value for Units is $383,439.
- Houses have a median rent of $585 while Units have a median rent of $440.
Suburb Insights for Parramatta Park 4870
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