8-10 Loeven StreetParramatta Park QLD 4870
Property Details for 8-10 Loeven St, Parramatta Park
8-10 Loeven St, Parramatta Park is a bedroom, 8 bathroom Unit. The property has a land size of 809m2. While the property is not currently for sale or for rent, it was last sold in October 2020.
Last Listing description (February 2012)
Amazing CBD Money Maker
An extremely rare opportunity for the astute investor. Positioned in the Cairns CBD district this unique and cleverley designed investment consists of 4 x 6 bedroom flats with 8 bathrooms and a resort style pool. This property offers exceptional buying and huge potential for future capital growth. The property holds a rare and highly valuable 'accomodation licence' sought after for share house accomodation. Without question this is quality real estate at a serious price;
??? 24 Good sized bedrooms
??? 4 Full sized kitchens
??? 4 Spacious lounge / dining areas
??? Lovely resort style pool and entertaining area
??? Secure gated entry and on-site parking
??? Landscaped easy care tropical gardens
??? Zoned freehold commercial
With exceptional rental returns this investment can be easily self run and managed. The current vendors would like to offer the option of a 2 year leaseback with NO management fees (a guaranteed income of 6-7%).
For more details please contact Steve Habjan on 0408 744 771 or 07 4051 8555.
* A Sustainability Declaration for this property is available on request from the marketing agent.
Property History for 8-10 Loeven St, Parramatta Park, QLD 4870
- 14 Oct 2020Sold for $1,075,000
- 28 Mar 2011Listed for Sale $1,200,000
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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 1,936 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.
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