OFF MARKET

24/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 119m2
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Property Details for 24/4 Grand Pde, Parrearra

24/4 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 119m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in June 2017.

Building Type
Unit
Year Built
2007
Floor Size
94m2
Land Size
119m2
Local Government
Sunshine Coast Regional
Lot/Plan
24/SP193055

Last Listing description (May 2019)

- Spacious apartment with open plan living and great natural light
- Huge entertaining balcony with Easterly aspect and water views
- 20 metre lap pool, bbq area and full size flood lit tennis court

- Three minutes to new Sunshine Coast Hospital and health precinct
- High rental return with history of low vacancy in the complex
- Pet friendly, secure complex with immaculate grounds
Located in 'Caribbean Apartments' on Kawana Island, apartment 24 embraces a stunning position on the second floor with a sunny Easterly aspect over the manicured gardens and parkland to the waterfront beyond.
Offering impressive proportions, the open plan air-conditioned living has cross ventilation and great natural light. The contemporary kitchen features stone benches, great cupboard and bench space and even enough room for a double door fridge.
Both bedrooms are big enough to easily accommodate king beds, the East facing master features walk in robe and ensuite.
Caribbean Apartments have been designed with entertaining in mind, offering a generous balcony with plenty of room for an 8 seater table and bbq. The complex also features a 20 metre lap pool and bbq area, full size flood lit tennis court, all set in stunning tropical grounds.
Whether you are downsizing, purchasing your first home or investing, this apartment will most certainly impress. The location is second to none with cafes across the road, pathways along the waterfront and easy access to the highway, and of course the jewel in the Sunshine Coasts crown, the much-anticipated Sunshine Coast hospital precinct is just minutes away. A variety of beaches and shopping is just a 5 minute drive.
Currently returning $450 per week with great tenants in place, the property is the perfect set and forget investment in one of the Sunshine Coasts most sought after locations.
Further features include lift access, secure basement parking with storage cage, ample visitor parking and secure intercom access with cameras for security.

Property History for 24/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$380,000
27 Jun 2017
Listed for Rent
$450/w
03 Mar 2017
  • 27 Jun 2017
    Sold for $380,000
  • 05 Jun 2017
    Listed for Sale OFFERS OVER $385,000
  • 22 Feb 2017
    Listed for Rent - Price not available
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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 16 properties listed for sale, and 3 properties listed for rent in Parrearra on OnTheHouse. According to CoreLogic's data, 132 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.