3/4 Grand Pde, Parrearra is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 96m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Due to personal circumstances, the owners are diversifying their assets and this apartment with a current gross return of around 6.2% is your opportunity to jump on board.
Located in the popular Caribbean Apartments complex on Kawana Island, you are assured of capital growth being only 4km from the new private/ public hospitals and associated health precinct. Furthermore, as these one bedroom apartments are always in demand, tenants will look after your investment while it reaps more growth than cash in the bank!
This apartment has a large bedroom and bathroom located at the rear of the apartment, a study nook in the hallway and an open plan kitchen/living area which flows onto a spacious entertainer s balcony with views over lush gardens to the tennis court. Enjoy the peace and quiet with no road noise.
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:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.