355 Draper St, Parramatta Park QLD 4870

Located in the highly sought-after suburb of Parramatta Park is this low maintenance block of six apartments with dual street access. This is a fantastic opportunity for any investor looking for long term capital growth coupled with a brilliant yield.

Parramatta Park is popular due to its accessibility to significant infrastructure, public transport options and primary, secondary and tertiary education campuses on your door step. This property is located only 1.2km from Cairns Central shopping centre, 2k from the Carins CBD and 6km from the Cairns international airport.

The complex sits proudly on 809m and each apartment consists of 2 bedrooms, 1 bathroom, 1 designated car space. The units are spacious in size ranging in size from 80 to 105m. What makes this complex unique is that each unit is strata titled which means each unit can be sold separately with minimal hassle.

Currently the complex is returning $1,310/week with significant room to increase the rents in the current market. Don't miss out on the brilliant opportunity to expand your property portfolio, call today to arrange an inspection.