7 Warrego StreetParramatta Park QLD 4870
Property Details for 7 Warrego St, Parramatta Park
7 Warrego St, Parramatta Park is a 5 bedroom, 1 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 1062m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in June 2011.
Last Listing description (June 2022)
A very rare opportunity to acquire either 1, 2 or 3 adjoining parcels of land of 354sqm each and in total 1062sqm. Commercially zoned (to be confirmed) for business and residential uses and just a stone's throw to Cairns Central shopping centre and vibrant City Centre.
Lot 6/7 benefits from an established high set five bedroom Queenslander style house. Please note that the owners are willing to move the house further on to Lot 6 if a purchaser would like to acquire Lot 7 as a vacant block. The property has lovely timber flooring to the bedrooms and living spaces, modern fitted kitchen/dining room with built appliances, modern bathroom with bath and separate enclosed shower and additional separate w.c. The bedrooms are air conditioned and the house is very well maintained and has been recently upgraded with the benefit of a new roof and concrete base and stumps. The huge ground level area could easily be enclosed to provide additional living or office space. The property currently provides an income to the owner as "shared accommodation". This could also make a great home and/or offices for a business within a six minute walk to Cairns Central Shopping Centre.
Lot 8 is vacant and ready for your masterpiece.
The owners have advised that the three land parcels have planning permission granted to build three ten bedroom two storey properties providing shared accommodation. (Plans are available upon request) or you have a blank canvas to create your own masterpiece.
Property History for 7 Warrego St, Parramatta Park, QLD 4870
- 03 Mar 2022Listed for Sale From $299,000 for a single vacant block
- 10 Jun 2011Sold for $575,000
- 15 Jan 2010Listed for Sale PRICE REDUCED - OFFERS INVITED
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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 1,921 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.
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