4/437 Draper Street, Parramatta Park, QLD, 4870, Australia

You’re welcome to inspect unit 4 at 437 Draper Street, Parramatta Park.

Positioned only minutes from the Cairns CBD, Shops and The Esplanade this quality one-bedroom is a perfect entry level investment property or a nice and cozy place to live. Located in the ""Grove Manor"", in a gated and secure complex this unit will provide you with a carefree lifestyle with no garden maintenance required or too much to clean. Neat and tidy throughout the unit offers spacious interior, tiled and air-conditioned living area, air-conditioned and built-in to bedroom, patio, secure undercover parking, and pool in complex.

Features include:

* One bedroom
* One bathroom
* Patio
* Air conditioned
* Kitchen with lot of counter space
* Internal laundry
* Secure parking
* Gated complex
* Shared pool

For investors:

Price: $169,000
Rental Appraised: $300 - $345 per week
Rates: $2,600 approximately per year
Body Corporate approximately : $3,569

Potential rental Yield: Approximately 7% (Estimate only based on the highest rent return)
Potential rental income: $17,940 (Estimate only based on the highest rent return)

A great investment with a good steady rental return and a long term tenant that would love to stay.


Call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.
* Currently rented until January 2022
**Photos have been digitally cleaned and digital furniture applied to keep the tenant privacy