OFF MARKET

2/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 93m2
Land area: 140m2
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Property Details for 2/4 Grand Pde, Parrearra

2/4 Grand Pde, Parrearra is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 140m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
2007
Floor Size
93m2
Land Size
140m2
Local Government
Sunshine Coast Regional
Lot/Plan
2/SP193055

Last Listing description (May 2019)

If you are looking at increasing your wealth, then this lovely two bedroom two bathroom ground floor apartment centrally located on Kawana Island is what you need. Only 4 kms from the new private/public hospitals/health precinct - your investment is at the heart of all the development occurring on the Sunshine Coast.
The apartment is very modern, spacious, light and airy with an L shaped carpeted lounge, two huge bedrooms, one with built in robe and ensuite. Conveniently, there is a second bathroom/toilet with laundry located next to the 2nd bedroom. The kitchen is open plan and comes with stainless steel Kleenmaid appliances, stone bench tops and a breakfast bench. A massive balcony overlooks the lush complex gardens towards the tennis court.
With a top quality tenant in place, you have the assurance of an investment with capital growth over forthcoming years. Alternatively, you have the option to move in at the end of the lease. The choice is yours.

To summarise:
Ground floor with approx. 132m2 of living space in this 2 bed, 2 bathroom, 1 car space apt
Modern kitchen with stone bench top & Kleenmaid appliances
Air conditioning
ADSL Broadband/NBN and Foxtel availability
Secure 10 yo complex with intercom system & camera surveillance
Underground car park and storage cage
Currently rented at $400 pw to superb tenant
Reasonable Body Corporate levies
Priendly complex
Excellent On Site Managers
20 mt heated lap pool
Full sized floodlit tennis court
Strong rental demand - historical vacancy rate of 0% over last 5 years
Opposite Double Bay Beach/Park, canals, bike and walking tracks
Adjacent to convenience store, coffee shop and restaurant
Only 9 km to Mooloolaba and 11km to Maroochydore
200m to public transport
Easy access to Bruce Highway and Sunshine Motorway
This is an opportunity not to be missed - call today and organise a private inspection, you won't be disappointed.

Property History for 2/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$610,000
25 Jan 2023
Listed for Rent
$400/w
14 Mar 2017
  • 25 Jan 2023
    Sold for $610,000
  • 28 Feb 2021
    Sold for $435,000
  • 11 Dec 2017
    Listed for Sale Offers over $375,000
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About Parrearra 4575

The size of Parrearra is approximately 2.5 square kilometres. It has 14 parks covering nearly 15.9% of total area. The population of Parrearra in 2011 was 4,357 people. By 2016 the population was 4,457 showing a population growth of 2.3% in the area during that time. The predominant age group in Parrearra is 60-69 years. Households in Parrearra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parrearra work in a professional occupation. In 2011, 61.3% of the homes in Parrearra were owner-occupied compared with 63.1% in 2016.

Parrearra has 2,316 properties. Over the last 5 years, Houses in Parrearra have seen a 86.56% increase in median value, while Units have seen a 79.08% increase. As at 31 October 2024:

  • The median value for Houses in Parrearra is $1,433,054 while the median value for Units is $858,773.
  • Houses have a median rent of $800 while Units have a median rent of $650.
There are currently 17 properties listed for sale, and 3 properties listed for rent in Parrearra on OnTheHouse. According to CoreLogic's data, 134 properties were sold in the past 12 months in Parrearra.

Suburb Insights for Parrearra 4575

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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.