Are you searching for a clean, neat and profitable 'City Investment' with fabulous residential income upstairs, and a separate commercial space downstairs, then this could be the perfect premises to run your business from. It comes with a 'New Roof' and is freshly painted inside.
Superbly presented and well maintained, the upstairs 5-bedroom inner city 'Share House' is returning $1,180 pw income and is always tenanted due to its convenience to the city, and being quiet at night. All bedrooms are air-conditioned.
Downstairs offers commercial business space, is legal height, air-conditioned, and can be used as a Shop, Office, Caf, Yoga room, Studio, Showroom etc. The large open floor plan, has a concrete floor, side storeroom and modern glass entrance door. The rear offers undercover workshop space complimented by a clean, tidy bathroom. To the side is a lock up carport that can fit 2 cars. Appraised to lease out for above $400pw, downstairs is currently vacant and ready to start operating from straightaway.
Ground Level
71m2 Commercial Showroom downstairs
Air-conditioned and freshly painted.
Remodeled bathroom, plus undercover workshop
Zoned commercial & legal height
Lock up carport, fits 2 cars, + free street parking
Handy business location, great street exposure
Currently vacant, will lease at $400pw plus
Above level
5 Bedroom, 1 bathroom, Share House
All bedrooms have split system aircon
Freshly painted, large kitchen & lounge
Neat home, fantastic bathroom
Currently rented for $1,180pw
Popular with tenants because of location
Walking distance to City & Esplanade
Very close to Cairns Central Shopping Plaza
Quiet at night
Extra Bonus
New roof with insulation just installed
Double insulated ceiling, cool house
Recent new hot water system
Recently install split systems in all bedrooms
3.5 KVA solar system into the grid.
Upgraded electrical wiring
Please contact Darcy Smith on 0400 080 555 for further information
The size of Parramatta Park is approximately 1.6 square kilometres. It has 4 parks covering nearly 13.9% of 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 1,959 properties. Over the last 5 years, Houses in Parramatta Park have seen a 71.78% increase in median value, while Units have seen a 115.41% increase. As at 31 March 2026:
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