12/12-A Kimba Rd, Para Hills is a 5 bedroom, 2 bathroom House with 4 parking spaces.
An exciting release, an investment property that ticks all the boxes. Located on a corner allotment of approx. 740m2, this pair of maisonettes is ideal as a first-time investment or for a developer to buy now and develop later, or simply add to their portfolio. The property is on one Title with a rental return of $510/week. Unit 1 comprises of three bedrooms, open plan living room, separate kitchen/dine, Carport and private rear yard.
Unit 2 has two bedrooms, a spacious kitchen/dine, neutral decor and timber floors. There is also extra off-street parking and a double garage.
The property is well located within a three-minute walk to a local shopping centre, public transport and easy reach to local schools.
The size of Para Hills is approximately 3.2 square kilometres. It has 19 parks covering nearly 16.3% of total area. The population of Para Hills in 2011 was 7,593 people. By 2016 the population was 6,538 showing a population decline of 13.9% in the area during that time. The predominant age group in Para Hills is 30-39 years. Households in Para Hills are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Para Hills work in a trades occupation. In 2011, 80.9% of the homes in Para Hills were owner-occupied compared with 78.3% in 2016.
Para Hills has 3,474 properties. Over the last 5 years, Houses in Para Hills have seen a 117.28% increase in median value, while Units have seen a 120.51% increase. As at 31 October 2024:
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