16 Marawa Dr, Parrearra is a 7 bedroom, 3 bathroom House with 4 parking spaces and was built in 1995. The property has a land size of 616m2 and floor size of 219m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Located in an exclusive enclave 300m to Kawana Shopping Centre surrounded by beautiful homes and waterways this two storey residence is currently set up as dual living with an excellent rental return.
Originally the home was built for a family of twelve but has now evolved into a duplex with dual living, comprising of 3 bedrooms, lounge, bathroom, kitchen with storage and carport on the ground level with the upper level made up of 4 double bedrooms, renovated kitchen, lounge, bathroom & ensuite with a double automated garage. Both flats have their own private entertaining areas and a big garden.
This really well presented property is ideally located close to canal waterways with a beautiful park only 50m away. Walk a few hundred metres to local transport on Nicklin Way or to the hub that is now Kawana. With the beach and boating opportunities that are so close, this makes for an outstanding investment both now and in future.
Do the sums!! Two for the price of one on a large block in a great location. Returning $42,600 in rent per year.
* Large high set home on 616m level land
* Currently two individual residences
* Seven bedrooms spread over the two levels
* Big child friendly gardens, large entertaining deck
* Private courtyard and lots of storage
* Two groups of tenants already in place
* Double garage plus carport
* Walk to parks, transport and shopping centre
The size of Parrearra is approximately 2.5 square kilometres. It has 14 parks covering nearly 15.9% of total area. The population of Parrearra in 2016 was 4468 people. By 2021 the population was 4661 showing a population growth of 4.3% in the area during that time. The predominant age group in Parrearra is 70-79 years. Households in Parrearra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Parrearra work in a professional occupation.In 2021, 68.90% of the homes in Parrearra were owner-occupied compared with 63.10% in 2016.
Parrearra has 2,296 properties. Over the last 5 years, Houses in Parrearra have seen a 75.86% increase in median value, while Units have seen a 86.95% increase. As at 31 March 2026:
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