6/392 Severin Street, Parramatta Park QLD 4870

Set in a small complex of just eight, this solid block & tile unit is an excellent addition to any portfolio. With the potential to renovate & profit down the track this property is sure to maximize your capital growth.

Features include:

* 2 bedrooms / 1 bathroom
* First floor - Furnished
* Renting for $230 per week
* Pool & Car-port
* Approx 80m2
* Walking distance from the CBD
* 8 Units in the complex

CRUNCH THE NUMBERS...

Body Corp: $4000 p/a
Council Rates: $2200 p/a
Rental Return: $11,960 p/a

Suburb Over-view:

Parramatta Park is an inner suburb of Cairns City. It has a mixed population of ages and cultures. It is also mixed in terms of the range of housing types available.

The population of Parramatta Park changes over time, as many people residing in the area are international students and workers. There are a number of newly built apartment complexes alongside some beautifully renovated Queenslander-style homes and buildings.

Local Facilities Include:

* Cairns Central Shopping Center
* Parramatta Park State School
* Queensland TAFE

*Please note ??? This property is tenanted therefore a minimum of 24hrs notice is required for inspections.