OFF MARKET

3/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 64m2
Land area: 96m2
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Last updated 11 Nov 2024
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Property Details for 3/4 Grand Pde, Parrearra

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.

Building Type
Unit
Year Built
2007
Floor Size
64m2
Land Size
96m2
Local Government
Sunshine Coast Regional
Lot/Plan
3/SP193055

Last Listing description (May 2019)

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.

Ground floor 1 bed, 1 bathroom apartment
Modern kitchen with granite benchtop, Kleenmaid appliances and dishwasher
Huge outdoor balcony overlooking gardens
Reverse cycle air conditioning in bedroom as well as kitchen/living area
ADSL Broadband/NBN and Foxtel availability
Secure 10 year old complex with intercom system and camera surveillance
Underground car park and storage cage
Reasonable Body Corporate levies
Pet friendly complex
Excellent On Site Managers
20 mt heated lap pool
Full sized floodlit tennis court
Strong rental demand in area historical vacancy rate of 0% for one bedders
Opposite Double Bay Beach/Park, canals, bike & walking tracks
Adjacent convenience store, coffee shop and restaurants
Only 9 km to Mooloolaba and 11 km to Maroochydore
200m to public transport
Easy access to Bruce Highway and Sunshine Motorway
Don t miss out with a motivated vendor, this apartment is a bargain in the current buyer s market. Call today to organise an inspection.

Property History for 3/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$416,000
14 Sep 2021
Listed for Rent
$330/w
22 Dec 2017
  • 14 Sep 2021
    Sold for $416,000
  • 18 Dec 2017
    Listed for Rent $330 / week
  • 11 Dec 2017
    Listed for Sale Offers over $290,000
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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, 133 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.