15/376-384 Severin St, Parramatta Park is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2007. The property has a land size of 119m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Conveniently located and presented in "nothing left to do" condition, apartment 15 in the meticulously maintained, Haven on Severin, is a delightful turn key investment option for the discerning investor. Its as simple as set, forget and profit.
*inspections by appointment only*
The Facts
The Bottom Line
Very reasonable body corp - $5800 per annum
Council rates - $2600 approx. per annum
Current rental return - $430 per week
Rental potential on renewal $470 per week
Leased until January 2023
Number in complex - 36
Year built - 2007
Boasting an unwavering rental history, exceptional maintenance history and fantastic tenants already in place, who says good real-estate deals are hard to find. Situated within easy reach of the bustling Cairns CBD and priced to sell, your only regret will be that you didn't buy two.
For all enquiries, contact Tim Lyon on - 0400 355 706
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 1,956 properties. Over the last 5 years, Houses in Parramatta Park have seen a 63.81% increase in median value, while Units have seen a 109.02% increase. As at 31 December 2025:
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