7 Palm Avenue, Parramatta Park, QLD 4870 | Commercial for sale | OnTheHouse
 
FOR SALE
EOI - Contact Agent Helen Crossley

7 Palm Avenue
Parramatta Park QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 877m2
Land area: 877m2
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Specialist Aquatic & Training Facility - Freehold Going Concern

A rare specialist freehold on the Cairns CBD fringe, with a tenanted residence for added income. Now selling via Expressions of Interest.
This is a freehold, going-concern business right on the Cairns CBD fringe - a purpose-built aquatic, training and education facility with a genuine trading history, plus a separate income-producing residence.
The current owners bought the property in late 2014 and built the pool and training infrastructure from the ground up, running a thriving swim school here ever since. It's now coming to market for the very first time.
Learn-to-swim is the heart of the business, but it's far from the only story. The facility already hosts personal training, third-party education, and periodic diving and underwater-photography hire, on top of the residential income next door.
At the front of the property sits a classic raised Queenslander - two bedrooms, a separate kitchen and dining area, a lounge room and a light-filled sunroom, with a platform lift for easy access between levels. It's currently tenanted, giving a new owner immediate flexibility: continue the existing rental income, or move in and make it your own. Beneath the residence, a substantial under-house area of approximately 200 sqm adds further upside - currently used for storage and parking, with room for additional storage, workspace or another compatible use, subject to the usual approvals.
Minutes from the Cairns CBD, the property draws swimmers, trainers and families from right across the region, from the northern beaches to the southern growth corridor. It also sits close to Barlow Park and the Cairns Showgrounds, right in the path of Council's Major Events Precinct plans - a strong long-term signal for the surrounding area.
For the right buyer, this is a genuinely rare chance to secure a specialist CBD-fringe asset with more than one way to create value.
Key Features
• 877 sqm freehold land in Parramatta Park
• Purpose-built 16m x 8m pool with an approx 3.5m central deep-water training pit
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Property Details for 7 Palm Ave, Parramatta Park

Building Type
Commercial
Floor Size
877m2
Land Size
877m2
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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 1,975 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, 97 properties were sold in the past 12 months in Parramatta park.

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Helen Crossley
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RWC Cairns
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