17 Grimshaw StreetParramatta Park QLD 4870
Property Details for 17 Grimshaw St, Parramatta Park
17 Grimshaw St, Parramatta Park is a 8 bedroom, 5 bathroom Unit with 1 parking spaces. The property has a land size of 411m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (April 2025)
Great income producing property awaits savvy investors, turning over approximately $160k in 2023.
The property consists of 4 units registered on one title, so your options cover all available rental income possibilities such as Air B n B, short term and long term tenancy options. You can even live upstairs and rent out downstairs if you please.
Currently renting out each flat individually on short-term basis on Air B n B and Booking.com. . There is a separate office downstairs where they spend a couple of hours in each morning sorting out check-ins and check-outs.
The location of 17 Grimshaw Street is second to none as it is only a 3-minute walk to Cairns Central Shopping Center and 10 minutes to the Esplanade of Cairns City, which is why occupancy is very high all year round.
They receive one only electricity bill which is very cheap due to the large 12.96kw solar power system.
Unit 1: Upstairs - 4 bedroom unit , 2 bathrooms
Combined kitchen/dining with ample storage and bench space
2nd living space opens from the kitchen
Fully Air-conditioned
Unit 2 : Upstairs - 2 bedroom unit, 1 bathroom
Well sized kitchen divides the 2 bedrooms
Fully Air-conditioned
Unit 3 : Downstairs - 1 bedroom unit (2 Beds)
Modern kitchen
Combined tiled living and dining area
One large tiled bedroom with double and single bed
Shower and toilet facilities
Unit 4: Downstairs - 1 bedroom unit (2 beds)
Combined tiled living and dining area
Kitchen with ample storage; electric oven and cooktop
Shower, toilet and vanity with storage
A once in a lifetime opportunity to secure this ideal investment property. What a great return!
Property History for 17 Grimshaw St, Parramatta Park, QLD 4870
- 19 Mar 2025Sold for $975,000
- 04 Jul 2024Listed for Sale Offer Over $1 mil
- 20 Feb 2012Sold for $465,000
Recent sales nearby
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About Parramatta Park 4870
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 1,964 properties. Over the last 5 years, Houses in Parramatta Park have seen a 65.76% increase in median value, while Units have seen a 101.64% increase. As at 28 February 2026:
- The median value for Houses in Parramatta Park is $749,609 while the median value for Units is $514,063.
- Houses have a median rent of $540 while Units have a median rent of $490.
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