SOLD
Sold on 08 Mar 2024 for $272,000

7/435-437 Draper Street
Parramatta Park QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 59m2
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Property Details for 7/435-437 Draper St, Parramatta Park

7/435-437 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 59m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Parramatta Park in the last 12 months.

Building Type
Unit
Year Built
1997
Floor Size
59m2
Land Size
59m2
Local Government
Cairns Regional
Lot/Plan
7/BUP106326

Last Listing description (April 2024)

Unlock immediate income potential this 1-bedroom Balinese oasis is not just a dream, it's an Airbnb-ready haven, fully set up and awaiting your first guests. But also perfect for the owner-occupier seeking a move-in ready haven. This top floor 59m2 fully furnished and self-contained 1 bedroom apartment is one not to miss!

The carefully designed layout maximizes every square inch, offering flexibility for your lifestyle. For investors, the allure lies in the unique appeal that translates to strong rental demand. For those seeking to make it their own, it's an invitation to experience daily living in a space that feels like a perpetual vacation.

Despite this idyllic setting, you're just moments away from the vibrant pulse of the city. Enjoy the best of both worlds a peaceful retreat atop the city's hustle and bustle. With Cairns Central, city restaurants and cafes, and cultural hotspots within easy reach, you're at the nexus of convenience and relaxation.

Key Features:
- Fully furnished, self-contained Balinese oasis, adorned with carefully curated, imported furniture
- Freshly painted and fully Air conditioned with brand new split system and fans in living
- Open plan kitchen with lots of storage and cupboard space with built in laundry
- Main bedroom has Brand new box air con, BIR and large windwos for natural ighting
- Ensuite with shower, bathtub and toilet
- Security screens, sheer curtains and tiled throughout
- Large private balcony with palm trees for privacy
- Small secure gated complex with allocated car park and entertaining pool area

BC Fees $5,464
Rates $2,918
Rental Appraisal $470 per week
Income statements available upon request

This small, gorgeous Balinese tropical-themed top-floor apartment is a rare find a fusion of urban sophistication and tropical tranquillity. Whether you're envisioning it as a lucrative investment or your personal haven, the possibilities are as endless as the charm within.
Contact Naomi today to explore this unique opportunity and secure your slice of tropical paradise.

Property History for 7/435-437 Draper St, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$272,000
08 Mar 2024
Listed for Rent
$255/w
05 Jan 2017
  • 08 Mar 2024
    Sold for $272,000
  • 03 Mar 2024
    Listed for Sale Offers Over $265,000
  • 13 Feb 2023
    Sold for $195,000
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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 1,924 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 40 properties listed for sale, and 12 properties listed for rent in Parramatta park on OnTheHouse. According to CoreLogic's data, 98 properties were sold in the past 12 months in Parramatta park.

Suburb Insights for Parramatta Park 4870

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Contact agent
Naomi Scowcroft
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CAIRNS PROPERTY OFFICE
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.