17 Grimshaw St, Parramatta Park is a 8 bedroom, 5 bathroom House. 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. There are other 8 bedroom House sold in Parramatta Park in the last 12 months.
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!
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 1,952 properties. Over the last 5 years, Houses in Parramatta Park have seen a 59.31% increase in median value, while Units have seen a 108.39% increase. As at 30 November 2025:
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