17/85-87 Martyn Street, Parramatta Park, QLD 4870 | Unit for sale | OnTheHouse
 
FOR SALE
Offers Over $469,000

17/85-87 Martyn Street
Parramatta Park QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 97m2
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Spacious City-Fringe Apartment... Secure Investment in "Stanistreet Apartments"

Positioned in the popular "Stanistreet Apartments" complex in tightly held Parramatta Park, this spacious two-bedroom, two-bathroom apartment presents an outstanding opportunity for investors seeking a low-maintenance property close to the Cairns CBD.
Offering a generous 97m² of living, the apartment features a practical open-plan design with plenty of natural light and air-conditioning throughout. The living and dining area flows directly onto a private patio, creating the perfect place to relax and enjoy the tropical surrounds.
The kitchen is positioned at the heart of the home while both bedrooms are generously proportioned. The main bedroom includes its own private ensuite and the main bathroom features a bath. An internal laundry and secure car space add further practicality.
Set within an established complex with a tropical swimming pool, this is an easy-care investment in an incredibly convenient city-fringe location.
Currently leased, with long term tenants, until 21st July 2027 at $475 per week, the property offers immediate rental income with a current rental appraisal of approximately $590 - $610 per week.
Property Features:
* Two generous bedrooms
* Two bathrooms including an ensuite to the main bedroom
* Spacious open-plan living and dining
* Air-conditioning throughout
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Property Details for 17/85-87 Martyn St, Parramatta Park

17/85-87 Martyn St, Parramatta Park is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 97m2. The place is currently for sale with Ray White Cairns.

Building Type
Unit
Land Size
97m2
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About Parramatta Park 4870

The size of Parramatta Park is approximately 1.6 square kilometres. There are 4 parks, covering nearly 13.9% of the total area. The population of Parramatta Park in 2016 was 3508 people. By 2021 the population was 3621 showing a population growth of 3.2% in the area during that time. The predominant age group in Parramatta Park is 20-29 years. Households in Parramatta Park are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Parramatta Park work in a community and personal service occupation.In 2021, 33.00% of the homes in Parramatta Park were owner-occupied compared with 29.80% in 2016.

Parramatta Park has 1,973 properties. Over the last 5 years, Houses in Parramatta Park have seen a 59.04% increase in median value, while Units have seen a 93.30% increase. As at 31 August 2026:

  • The median value for Houses in Parramatta Park is $752,436 while the median value for Units is $512,786.
  • Houses have a median rent of $630 while Units have a median rent of $500.
There are currently 27 properties listed for sale, and 16 properties listed for rent in Parramatta park on OnTheHouse. According to Cotality's data, 95 properties were sold in the past 12 months in Parramatta park.

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Natasha Whalley-Thompson
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Ray White Cairns
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