50 Grove Street, Parramatta Park

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First time on the market in 22 years!

Being offered to the market for the first time in 22 years, the owners have given clear instructions to sell!

Brimming with development potential, the opportunities are boundless for developers or investors alike. Presenting the perfect combination of location and lifestyle, this highly sought after property is set on a MASSIVE 573m2 Block and zoned Residential 3

Option 1: An excellent investment opportunity. renovate, rent out the home and capitalize on future gains.

Option 2: remove the existing home, build a new home and enjoy being centrally located in one of the most sought-after positions in Cairns.

The surrounding area has proved successful, with many blocks now being developed as new contemporary apartments or townhouses. For a savvy developer, this prime site could present the ideal development opportunity! Be quick to speak with one of the local town planning firms or Council, to make sure you don’t miss out.

From this superb pocket of Parramatta Park, you can walk to the bus stop, ride or drive to Cairns Central Shopping Centre as well as schools and parks. Located less than 2kms to the Cairns CBD and only 6 streets or a short ride or drive to the Cairns Esplanade, 471 Draper Street, Parramatta Park offers a multitude of options for the astute purchaser. Strong interest is anticipated, and the property WILL be sold. The sellers want a quick and hassle-free sale so don't miss out on securing this rare opportunity.


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Contacts

Zach Lindemann M. 0488556073

For Sale

$495,000

Information

Property Type: House
Land Size: 574m2

Property Features

Air Conditioning Floorboards Fully Fenced

Enquire About This Property

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