Features include: Seize a prime investment opportunity with this exceptional property in the heart of Parramatta Park. This corner lot, featuring a tastefully converted 2-story Queenslander, presents a compelling prospect for investors seeking modern, low-maintenance units in a highly desirable rental location. Property Highlights: Location: 281 Severin Street, Parramatta Park Freehold title. No Body Corp Fees Land Size: 415 m2 corner block Zoning: Residential Proximity: Close to schools, parks, sports facilities, and only a 3-minute drive to Cairns Central Public Transport: Conveniently accessible Security: Gated entry for added peace of mind Development Potential: Excellent opportunity for future expansion. Unit Details: Unit 1: Three bedrooms One bathroom Two entrances Unit 2: Three bedrooms One bathroom Two entrances Unit 3: Three bedrooms One bathroom Two entrances Unit 4: Two bedrooms One bathroom Office space Two entrances Additional Features: Modern Conversions: Four contemporary apartments with high-quality fittings throughout Low Maintenance: Well-maintained garden and efficient upkeep Rental Returns: High demand in this popular rental area ensures strong returns This well-located property combines modern convenience with substantial investment potential. The current setup of four distinct units maximizes rental income, while the large corner block offers scope for future development. Whether you want to expand your property portfolio or secure a lucrative investment, 281 Severin Street is a standout choice.
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Property ID: 145964336