6/392 Severin Street, Parramatta Park

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Bargain City Apartment!

This fresh and spacious top floor apartment has lots to offer making it the perfect home or smart investment property. With only 8 apartments in the complex and a tropical swimming pool, you can really call this place home.
Located in Paramatta Park, a highly desirable position only a short walk to Cairns Central Shopping Centre, TAFE, Schools, and the Cairns CBD.

The unit features:

* 2 carpeted & airconditioned bedrooms with built-in wardrobe, fan, and security screens
* Spacious and fresh tiled living area with double sliding doors and security screen
* Bright and cheery kitchen with courtyard aspect and washing machine
* Neat and tidy bathroom with shower
* Lush courtyard area
* Undercover carport
* Swimming pool
* Extra external shared laundry

For investors:

Price: $150,000
Current Rent: $240
Rental Appraised: $270 - $280 per week
Rates: $2,600 approximately per year
Body Corporate: $4,200 per year

Potential rental Yield: Approximately 5.35% (Estimate only)
Potential annual rental income: $14,560 (Estimate only)

Unit is currently tenanted (Periodic Lease) - 24 hours notice are needed to inspect the property.
Contact Claudio now at claudio@freemans.property to organise a private inspection.
*Photo taken before the tenant moved in.

Open for Inspections

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Sold for $134,000


Property Type: Unit
Land Size: 96m2

Property Features

Built in Robes Hot Water Electric Balcony Pool (In Ground) Secure Parking Air Conditioning


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