Unlock the potential of this prime 405m² block in Parramatta Park – perfectly positioned for a high-performing investment property. With Low–Medium Density Residential zoning, this site is an outstanding opportunity to construct a modern house, dual-living home, or duplex (STCA) in one of Cairns' most in-demand inner-city locations.
Importantly, the adjoining property to the left operates as offices only, ensuring peace and quiet.
Investors will appreciate the strong rental demand driven by proximity to the CBD, hospital, schools, and the Esplanade – ensuring excellent tenant appeal and long-term capital growth.
Key Highlights:
405m² level allotment, ready to build on
Zoned Low–Medium Density Residential – ideal for house, dual living or duplex development (STCA)
High rental demand location – minutes to CBD, Cairns Hospital, schools & shopping
Walking and cycling distance to the Esplanade, cafés, and restaurants
Surrounded by character Queenslanders and established properties, adding long-term value
Vacant inner-city land is scarce. Secure this block today and take advantage of the strong rental market with a new-build investment designed for high yield and growth.
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
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 1,962 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:
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