SOLD
Sold on 16 Jan 2024 for $740,000

56/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 94m2
Land area: 119m2
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Property Details for 56/4 Grand Pde, Parrearra

56/4 Grand Pde, Parrearra is a 2 bedroom, 2 bathroom Unit with 2 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 January 2024. There are other 2 bedroom Unit sold in Parrearra in the last 12 months.

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

Last Listing description (October 2017)

This outstanding apartment represents excellent buying due to its top floor waterfront aspect and proximity to the new Sunshine Coast University Hospital with its associated health precinct.
Listed well below its original price, it is located directly opposite Double Bay caf /restaurant hub, a park for kids, BBQ areas, canals and kilometres of pathways stretching around the waterways.
The apartment is spacious with a large open plan tiled lounge / dining area that flows out onto a massive entertainer s balcony overlooking the park and canal. Don t be surprised to see ships on the horizon as glimpses of the ocean can be spotted.

With a modern contemporary kitchen incorporating stainless steel appliances inclusive of a built in cappuccino machine and microwave, you can cook up a storm and still breath in the magnificent views.
Both bedrooms are generous in size, carpeted, light and airy with the main bedroom having a walk through wardrobe to an ensuite.
Features include:
- Prime location only a 2 minute drive to Kawana Hospital precinct
- Lovely complex with excellent On Site Managers
- Located directly opposite Double Bay, Kawana Island
- Spacious 2 bedroom, 2 bathroom apartment
- Neutral colour scheme throughout
- Modern contemporary kitchen with stone benchtops
- S/s appliances including built in cappuccino machine and microwave
- Tiled open plan lounge / dining area
- Ducted air conditioning
- Foxtel. and ADSL Broadband/NBN
- Two secure car spaces side by side in basement with storage cage
- Secure complex with intercom and camera surveillance
- Pet friendly complex (subject to Body Corporate by-law restrictions)
- 20mt heated lap pool
- Full size floodlit tennis court
The apartment is currently leased at $430 per week and would be an investors delight with high rental demand/low vacancy rates (0% over the last 4 years). With the new hospital scheduled to open at the March 2017, rents will inevitably escalate so jump in now and reap the rewards.
Whether you use it as an investment or choose to move in and live a resort style atmosphere, don t miss this wonderful opportunity to purchase this spacious and affordable property in the booming Sunshine Coast market, then sit back and enjoy long term capital growth.
Call today to organise an inspection the early bird catches the worm!

Property History for 56/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$740,000
16 Jan 2024
Listed for Rent
$445/w
04 Jul 2017
  • 16 Jan 2024
    Sold for $740,000
  • 28 Aug 2017
    Sold for $420,000
  • 12 Jun 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.

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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.