SOLD
Sold on 20 Feb 2024 for $840,000

53/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 3
Bathrooms: 3
Car spaces: 4
Floor area: 125m2
Land area: 164m2
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Property Details for 53/4 Grand Pde, Parrearra

53/4 Grand Pde, Parrearra is a 3 bedroom, 3 bathroom Unit with 4 parking spaces and was built in 2006. The property has a land size of 164m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Parrearra in the last 12 months.

Building Type
Unit
Year Built
2006
Floor Size
125m2
Land Size
164m2
Local Government
Sunshine Coast Regional
Lot/Plan
53/SP193055

Last Listing description (June 2024)

Situated in the wonderfully positioned and beautifully maintained Caribbean Apartments on Kawana Island, this apartment is an ideal property for the astute investor or owner occupier looking for the benefits of apartment living without sacrificing on size.

This modern contemporary apartment consists of 3 spacious bedrooms, 1 main bathroom and 2 en-suites, 4 secure basement car spaces and a separate meshed storage cage 1.1m wide x 2.2m long.

The kitchen is open plan, fitted with stainless steel appliances and stone bench tops facing a massive lounge/dining room with new easy care vinyl flooring. The apartment features two large balconies - one off the main bedroom overlooking the pool and capturing the evening sun sets and the other off the lounge area enjoying privacy due to the extensive complex gardens. These balconies have the added benefit of awnings providing additional privacy and protection from the rain and sun.

The complex is in high demand with owners and tenants alike with most tenants remaining in the building for many years.
It is located directly opposite the new Vrina Mezze Bar, well-known Green Zebra Restaurant, Double Bay Beach as well as a park and kilometres of pathways stretching around the waterways.

Features include:
- 3 spacious bedrooms, main with en-suite and walk-in robe, alternative main with en-suite, built in robes and large balcony
- Secure entry patio area with additional built in storage and clothesline
- Two large balconies
- Modern kitchen with stainless steel appliances and granite benchtop
- Ceiling fans in all bedrooms
- Split system air-conditioners in 2 bedrooms and living room
- Secure separate storage cage
- Four basement car spaces with lift access
- Total apartment size 164m2. Internal 125m2 + balcony off bedroom 14m2, balcony off lounge 16m2 + entry porch area of 9m2
- Expansive gardens and resort style facilities including heated lap pool and tennis court
- Pet friendly
- Security complex with intercom and camera surveillance
- Prime location being less than 5km to Sunshine Coast University Hospital and Kawana Shopping Centre
- Wonderful tenants in place for the last 3 years renting the apartment with 2 basement car spaces, the additional 2 spaces are rented to other residents
- Current lease on apartment expires in June 2025 however if the buyer would like to move in the tenants will move within the complex when a suitable apartment becomes available
- Outgoings: Water approx. $1,500 p.a., Body Corporate levies approx. $8,080p.a. after discount, Council rates approx. $2,300 p.a.

Please enter the property via Menorca Place.(Listing ID: 21126600 )

Property History for 53/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$840,000
20 Feb 2024
Listed for Rent
$450/w
15 Jan 2013
  • 20 Feb 2024
    Sold for $840,000
  • 30 Jan 2024
    Listed for Sale SOLD BY PAULA
  • 26 Jun 2015
    Sold for $430,000
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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 2,325 properties. Over the last 5 years, Houses in Parrearra have seen a 86.18% increase in median value, while Units have seen a 78.45% increase. As at 30 November 2024:

  • The median value for Houses in Parrearra is $1,443,878 while the median value for Units is $873,822.
  • Houses have a median rent of $818 while Units have a median rent of $650.
There are currently 15 properties listed for sale, and 4 properties listed for rent in Parrearra on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Parrearra.

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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.