272-274 Draper StreetParramatta Park QLD 4870
Property Details for 272-274 Draper St, Parramatta Park
272-274 Draper St, Parramatta Park is a 14 bedroom, 8 bathroom House with 1 parking spaces. The property has a land size of 809m2 and floor size of 36m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (May 2026)
Don't miss out on your chance to own a thriving business and prime real estate in Tropical North Queensland!
Located in the vibrant suburb of Parramatta Park, just moments away from the bustling Central Business District and Cairns Central, this 809m2 property offers an unbeatable location. With the city centre and Cairns Central within walking distance, convenience meets opportunity at your doorstep.
The property boasts two freshly painted, charming Queensland-style high-set dwellings converted into various accommodation rooms, complemented by two additional storage rooms. Three kitchens and facilities cater to guests' needs, while an inviting in-ground swimming pool and landscaped grounds enhance the tropical feel.
Cairns City Backpackers has been a mainstay in the hospitality scene for years, enjoying a solid reputation for excellence and boasting accommodation a for up to 36 persons . The current owners have seen consistent growth and profitability, with additional revenue streams available through the Tour Desk and Vending services, further enhancing the property's income potential.
Future development potential adds even more value to this already lucrative investment opportunity. The property is offered as a "Sold as a Going Concern," including the business and all associated intellectual property rights.
Contact our dedicated agent Kate Fern on 0477701502 for an information memorandum and secure your piece of paradise in Tropical North Queensland. Opportunity knocks answer the call now!
Property History for 272-274 Draper St, Parramatta Park, QLD 4870
- 08 Oct 2024Sold for $1,620,000
- 27 May 2024Listed for Sale UNDER CONTRACT
- 06 Apr 2019Listed for Sale $1,300,000
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0About 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 1,960 properties. Over the last 5 years, Houses in Parramatta Park have seen a 72.47% increase in median value, while Units have seen a 113.91% increase. As at 30 April 2026:
- The median value for Houses in Parramatta Park is $755,782 while the median value for Units is $520,035.
- Houses have a median rent of $560 while Units have a median rent of $490.
Suburb Insights for Parramatta Park 4870
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