Dual Occupancy - Major Investment Potential with Double the Return

36 Balfe Street, Parramatta Park, 4870

Ads By Google

700,000 AUDEst. Mortgage: AUD 4,919/monthFor Sale
  • Ownership Type House
  • Property Area 415 sqft
  • Bedrooms 7
  • Bathrooms 4
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 2

Property Overview

Unique in the market, and on the city fringe; this exceptional property allows an exciting opportunity for those looking to procure a property purely as an investment, or to live in + invest by renting out the other half. Providing a council-approved dual occupancy configuration, this seven-bedroom, two storey residence rests on a 415sqm block. With two separate external staircases to access the top level, both upstairs & downstairs residences are private & secure.

On the Ground Level:
- 4 bedrooms with built-in robes & split system airconditioning
- Main bedroom with ensuite & study nook
- Contemporary U-shaped kitchen with plenty of storage & quality appliances
- Main bathroom with double-sized shower & separate toilet & vanity space
- Tiled throughout
- Split air conditioner to the living area
- Private, fully fenced courtyard with tropical landscaped gardens
- Currently tenanted until 19th July, 2021 @ $390 per week

On the First Level:
- Beautiful polished timber floors, high ceilings & front sunroom or separate dining area
- 3 generously-sized bedrooms with built-in robes & airconditioning
- Main bedroom with ensuite bathroom
- Open plan living space with central, modern kitchen
- Cool & breezy living area with split-system airconditioning
- Private deck, perfect for entertaining & summer BBQs
- Currently tenanted periodically @ $400 per week

Total council rates approx: $3,200 per year
Total rental potential in the current market: $820 per week

A fully fenced block, with secure undercover parking for 2 vehicles and further parking for another 2. Only 4 minutes to Cairns Central Shopping Centre, and within Cairns State High School catchment.

Location on Google Map

36 Balfe Street, Parramatta Park, 4870

Ads By Google

Similar properties in this area

Prime Development Site
Prime Development Site AUD 950,000 . Studio . Shared Bath
UNDER CONTRACT
UNDER CONTRACT For Rent . Contact for Price . 2 Beds . 1 Baths
City Centre Lifestyle at it's Best
City Centre Lifestyle at it's Best AUD 305,000 . 2 Beds . 2 Baths
SMART CITY LIVING
SMART CITY LIVING AUD 349,000 . 2 Beds . 2 Baths
BRING THE FUN!
BRING THE FUN! AUD 475,000 . 2 Beds . 2 Baths
CBD Living
CBD Living AUD 325,000 . 2 Beds . 1 Baths
Stop Dreaming - You Can Own it!
Stop Dreaming - You Can Own it! For Rent . Contact for Price . 1 Beds . 1 Baths
Live where the ACTION is!
Live where the ACTION is! AUD 550,000 . 3 Beds . 2 Baths
BRIGHT ONE BEDROOM IN HEART OF CBD
BRIGHT ONE BEDROOM IN HEART OF CBD AUD 290,000 . 1 Beds . 1 Baths
Picture This: Spacious. Convenient. Affordable City Living.
Picture This: Spacious. Convenient. Affordable City Living. For Rent . Contact for Price . 2 Beds . 2 Baths
Modern Apartment On The Fringe Of CBD
Modern Apartment On The Fringe Of CBD AUD 449,000 . 3 Beds . 2 Baths
Like New - 12th floor with epic city views!
Like New - 12th floor with epic city views! AUD 440,000 . 2 Beds . 2 Baths
Classy Skyhome in Iconic Building
Classy Skyhome in Iconic Building AUD 700,000 . 3 Beds . 2 Baths
'Home' in the Heart of the CBD
'Home' in the Heart of the CBD AUD 240,000 . 1 Beds . 1 Baths
LIVING LARGE IN THE CITY
LIVING LARGE IN THE CITY AUD 499,000 . 3 Beds . 2 Baths
Invest Savvy!
Invest Savvy! AUD 250,000 . 1 Beds . 1 Baths
3 Bedroom Apartment Great Water Views!
3 Bedroom Apartment Great Water Views! AUD 559,000 . 3 Beds . 2 Baths
Be in the heart of the city
Be in the heart of the city For Rent . Contact for Price . 1 Beds . 1 Baths
VERSATILE PROPERTY. TOP RETURNS.
VERSATILE PROPERTY. TOP RETURNS. AUD 469,000 . 3 Beds . 2 Baths
Sunset Views Over The City
Sunset Views Over The City AUD 190,000 . 1 Beds . 1 Baths
Ultimate City Fringe Living
Ultimate City Fringe Living For Rent . Contact for Price . 2 Beds . 2 Baths
Enjoy everything the city has to offer with this modern unit!
Enjoy everything the city has to offer with this modern unit! AUD 450,000 . 2 Beds . 2 Baths
City Lifestyle or Great Investment
City Lifestyle or Great Investment AUD 349,000 . 2 Beds . 2 Baths
Entertainer’s Paradise!
Entertainer’s Paradise! AUD 410,000 . 3 Beds . 2 Baths