OFF MARKET

59/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 85m2
Land area: 102m2
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Last updated 11 Nov 2024
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Property Details for 59/4 Grand Pde, Parrearra

59/4 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 102m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
Unit
Year Built
2007
Floor Size
85m2
Land Size
102m2
Local Government
Sunshine Coast Regional
Lot/Plan
59/SP193055

Last Listing description (October 2024)

This magnificent apartment is positioned on the top floor of Caribbean Kawana Island and has been tastefully renovated by the current owners, including fresh paint, LED downlights and a full kitchen upgrade.
The top floor waterfront apartments also include tiled flooring in the living area, high ceilings, ducted air-conditionaing and built-in microwave.

Internally it features two generous bedrooms with new carpet and plantation shutters. The main bedroom has water views and a large ensuite.

The complex itself is located directly opposite Double Bay Park and Double Bay Beach and is a short stroll to the well-known Green Zebra Restaurant and new Vrina Mezze Bar.

Features:
- Large waterfront balcony and additional 4m2 secure front porch.
- 2 side by side basement car spaces.
- caged 3m2 basement storage cage.
- retractable clothesline in entry porch.
- Ducted air-conditioning in all rooms.
- Plantation shutters in bedrooms
- Motorised roller blinds in living room
- New carpet in both bedrooms.
- Freshly painted interior.
- New kitchen with plenty of storage, stone benchtop and built-in microwave.
- Complex boasts a heated 20mtr lap pool, full sized tennis court and expansive gardens.
- Lift access to basement with bike storage areas.
- Body Corporate fees - $7,100 p.a. approx.
- Council Rates - $2,200 p.a. approx.
- Water - $1,200 p.a. approx.
- Rental appraisal - $680 - $720 per week
- Property currently rented until 23rd December

Sales listings for two-bedroom apartments on Kawana Island are currently at an all-time low and ones with this quality of renovation are rarely seen.

The first open home will be held on Saturday 19th at 9:30am. Please enter the complex via Menorca Place.
We will not be showing this property prior to the 19th however if you are unable to attend the open please contact Paula to arrange a private viewing(Listing ID: 21141217 )

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Property History for 59/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$390,000
07 May 2019
Listed for Rent
08 Oct 2018
  • 15 Oct 2024
    Listed for Sale Offers over $760,000
  • 07 May 2019
    Sold for $390,000
  • 08 Oct 2018
    Listed for Rent $415 / week
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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, 132 properties were sold in the past 12 months in Parrearra.

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