This property offers a fantastic residential plus commercial opportunity with office fit out downstairs and a separate, private residence upstairs. The upstairs residence has been renovated and offers 3 bedrooms plus 4th bedroom/office, large main living area and other character features such as fabulously high ceilings, lovely timber floors and tongue and groove walls. The updated open plan kitchen leads out to the massive rear deck. Air conditioning throughout. The downstairs is a fitted-out office space (has previously been used for medical/consulting businesses) consisting of a built-in reception desk and waiting area, 2 rooms/offices/practice rooms, partial enclosed offices that could be converted to another 1-2 offices if required, kitchenette, 2 toilets plus extra shower facilities. Dual access from Scott St and Terminus St with plenty of secure off-street parking (up to 8 vehicles - 3 undercover, the balance not). Both the upstairs and downstairs have private access from both the front and rear. The property was previously rented at $800 per week. A current estimate would be $800 - $900 per week. The two sections could be rented individually as they are separately metered or the whole premises could be rented to one person. Only a 250m walk to Cairns Central Shopping Centre and very handy to schools and the CBD. Dont miss this!
* COVID Protocols apply
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 1,959 properties. Over the last 5 years, Houses in Parramatta Park have seen a 71.78% increase in median value, while Units have seen a 115.41% increase. As at 31 March 2026:
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