SOLD
Sold on 11 Sep 2024 for $775,000

62/4 Grand Parade
Parrearra QLD 4575

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 93m2
Land area: 113m2
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Property Details for 62/4 Grand Pde, Parrearra

62/4 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 113m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Parrearra in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
93m2
Land Size
113m2
Local Government
Sunshine Coast Regional
Lot/Plan
62/SP193055

Last Listing description (November 2024)

This is your opportunity to secure one of only a few top floor two-bedroom apartments on the waterfront at Caribbean Apartments on Kawana Island.

This large tiled apartment is situated at the northern corner of the complex ensuring ample natural light and cool breezes. These top floor apartments have additional inclusions of tiled flooring in the living area, high ceilings, ducted air-conditioning, built-in coffee machine and microwave. The apartment has been well cared for by the owner occupiers who have added crimsafe screens, built-in storage in the entry porch, new carpet, LED downlights and fresh paint meaning there is nothing for you to do but move in and enjoy resort style living.

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

Features:
- 113m2 apartment including a large waterfront balcony and 6m2 secured front porch.
- 2 side by side basement car spaces with lift access.
- caged 3m2 basement storage cage.
- built-in storage cupboard and retractable clothesline in entry porch.
- Ducted air-conditioning in all rooms.
- Main bedroom with WIR and ensuite.
- New carpet in both bedrooms.
- Freshly painted interior.
- Kitchen with plenty of storage, granite benchtop, built-in microwave and coffee machine.
- Complex with heated 20mtr lap pool, full sized tennis court and expansive gardens.
- Lift access to basement with bike storage areas.
- Body Corporate fees - $7,300 p.a. approx.
- Council Rates - $2,200 p.a. approx.
- Water - $1,200 p.a. approx.
- Rental appraisal - $680 - $720 per week

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

The first open home will be held on Saturday 7th at 9am. Please enter the complex via Menorca Place.
We will not be showing this property prior to the 7th of September however if you are unable to attend the open home please contact Paula for a private viewing at any time.(Listing ID: 21138980 )

Property History for 62/4 Grand Pde, Parrearra, QLD 4575

A timeline of how this property has performed in the market
Last Sold
$775,000
11 Sep 2024
Listed for Rent
$420/w
24 May 2011
  • 11 Sep 2024
    Sold for $775,000
  • 31 Aug 2024
    Listed for Sale UNDER CONTRACT
  • 15 Aug 2017
    Sold for $420,000
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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 2,315 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 5 properties listed for rent in Parrearra on OnTheHouse. According to CoreLogic's data, 135 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.