SOLD
Sold on 16 May 2024 for $4,050,000

93-97 Mulgrave Road
Parramatta Park QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1760m2
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Property Details for 93-97 Mulgrave Rd, Parramatta Park

Building Type
Commercial
Land Size
1760m2
Local Government
Cairns Regional
Lot/Plan
1/RP746768

Last Listing description (October 2023)

ADDRESS: 91-93 Mulgrave Road,

2 Tenancies Available.


LOCATION: Corner of Miller Street and Mulgrave Road, Parramatta Park, Cairns. Just minutes away from the Cairns CBD and 500m away from Cairns Central Shopping Centre.

4/91 MULGRAVE ROAD - FIRST FLOOR OFFICE:

- Tenancy Area - 97m (approx.)
- Reception area
- 2 office/training rooms
- Kitchenette
- Shared amenities
- Air conditioned
- Off street parking available

93 MULGRAVE ROAD - OFFICE (IDEAL TRAINING FACILITY)

Total Area - 358m (approx.)
Ground Floor -128m (approx.)
First Floor Offices - 230m (approx.)

FEATURES:

- Ground floor has glass front with reception & office areas.
- Air-conditioned offices.
- Part of first floor has 4 classrooms, Library, Staffroom, & student lounge.
- Shared Male & female, disabled toilets.
- Off street parking available.

Property History for 93-97 Mulgrave Rd, Parramatta Park, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$4,050,000
16 May 2024
Listed for Rent
$240k/w
04 Oct 2023
  • 16 May 2024
    Sold for $4,050,000
  • 04 Nov 2020
    Listed for Rent - Price not available
  • 25 May 2018
    Sold for $3,600,000
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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, 97 properties were sold in the past 12 months in Parramatta park.

Suburb Insights for Parramatta Park 4870

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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.