3/374 Severin St, Parramatta Park is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 46m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 1 bedroom Unit sold in Parramatta Park in the last 12 months.
Positioned in the highly convenient city fringe suburb of Parramatta Park, this low-maintenance 1-bedroom unit presents an outstanding opportunity for owner occupiers or savvy investors looking to secure a property with immediate rental growth potential.
Currently vacant, this property offers the perfect transition into your new home or a higher-yielding asset. With a current rental appraisal of $410 - $430 per week, the next tenancy allows for an instant increase in return-making, this an ideal "buy now, benefit immediately" investment.
The layout is practical and easy-care, appealing to a broad buyer pool, while the location places you just minutes from the Cairns CBD, local amenities, and public transport-ensuring ongoing demand.
Why this property stands out:
- Strong rental appraisal with upside from day one of new tenancy
- Lease ending soon, giving flexibility to occupy or reset rent immediately
- Low-maintenance, easy-to-let 1-bedroom configuration
- Close proximity to the CBD, making it highly attractive
- Ideal for investors, first home buyers, or downsizers seeking simplicity
Body Corporate Fees: Approx $4,720pa
Council Rates: Approx $3,200pa
Please enquire to receive a copy of the following documentation:
Seller Disclosure
Property Summary
Buyer Guide
AGM Minutes
Rental Appraisal
Offer Form
Whether you're looking to expand your portfolio with a reliable performer or secure a compact property in a high-demand location, this is an opportunity that ticks all the right boxes.
**Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavor to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.
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 1,963 properties. Over the last 5 years, Houses in Parramatta Park have seen a 71.06% increase in median value, while Units have seen a 110.06% increase. As at 31 May 2026:
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