74 Nicklin WayParrearra QLD 4575
Property Details for 74 Nicklin Way, Parrearra
74 Nicklin Way, Parrearra is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1983. The property has a land size of 728m2. While the property is not currently for sale or for rent, it was last sold in July 2012.
Last Listing description (September 2012)
Prominent Location - Mixed Use Zoning - Guaranteed Exposure - Genuine Sale
Rare opportunity to secure not one but two freehold
adjacent sites on the highly sought after Nicklin Way
Shopping Cente and Big W this site is exposed to
over 50,000 vehicles per day. Zoned Mixed Use this DA
approved site consists of a proposed 6 shops totalling
429m2 of lettable area and a 2 x 1 bedroom plus study
Duplex. Both existing properties are tenanted and
comprise of a highset 3 bedroom home with pool and
adjacent 2 x 2 bedroom duplex. Perfectly positiond
between an array of already developed and profitable
sites this opportunity is an investment powerhouse for
the astute investor or Savvy Business owner. Detailed Information Memorandum including Tender Documents available upon request.
Mixed Use Development Duplex & Shops
1456m2 Zoned Mixed Use Residential
2 Lots on Separate Titles 728m2 Each
DA approved 6 x Shops 429m2 Total
DA approved 2 x 1 bed + study Duplex
Prime Main Road Development Site
High Traffic Exposure 50'000 cars per da
Rare opportunity to secure freehold site
With the majority of the hard work done this creates the perfect opportunity to construct your own freehold premises and become a landlord too, with very clear instructions from our vendor.
Property History for 74 Nicklin Way, Parrearra, QLD 4575
- 16 May 2014Listed for Rent - Price not available
- 01 Mar 2014Listed for Rent - Price not available
- 09 Oct 2013Listed for Rent - Price not available
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0About 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.
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