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Overview
This two-bedroom apartment in the gated complex of just 11 units offers an appealing investment opportunity close to the Cairns CBD, approximately 1.5 km away. With a tenant in place until January 2027, it provides immediate rental income and low-maintenance living, ideal for investors seeking steady returns without the need for managing vacancy.
The property's layout balances simplicity and functionality, featuring built-in wardrobes in the bedrooms, an open-plan living and dining area enhanced by air-conditioning for comfort, and a practical kitchen. Tiled flooring throughout ensures durability and ease of upkeep.
One of the property's standout assets is its private fenced courtyard, a rare amenity in apartment living that adds valuable outdoor space for relaxation or small-scale gardening. Residents also benefit from the complex swimming pool and covered carport, enhancing lifestyle and convenience.
Its proximity to schools, shops, public transport, and everyday amenities further enhances its tenant appeal and potential for future owner-occupiers. Overall, the apartment caters well to investors looking for a solid, city-fringe property with immediate income and simple upkeep.
- Two-bedroom apartment with built-in wardrobes
- Open-plan living and dining with air-conditioning
- Private fenced courtyard providing rare outdoor space
- Access to gated complex amenities including a swimming pool and covered carport
- Currently leased at $470 per week until 14 January 2027
- Close to Cairns CBD and local amenities
Local Market Insights
In Parramatta Park, Quiet Listings observed 29 new units entering the market over the last 30 days, up from 13 during the previous 30-day period, with an average advertised asking price of $471,759. The property type mix of listed properties is predominantly Houses at 44%, followed by units (27%), and apartments (16%). The most active agency for units in the Parramatta Park area is currently Ray White, representing 79% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Parramatta Park QLD 4870