Sold for $505,000
Sold for $505,00053 Minnie Street, Parramatta Park QLD 4870
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Property was sold on 4 December 2020.
Sold on 4 December 2020.
4 beds
1 bath
2 cars
House
472m²
4
1
2
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House
472m²
This two storey very solid block and tile “Freehold” property is situated in one of Cairns most popular inner-city suburbs. Zoned Res 3, there is a bountiful selection of mixed-use options available to the astute purchaser. With 2 street access and just 700 metres to Cairns Central shopping Centre, this is an opportunity not to be missed! The property combines a large 3/4-bedroom, one-bathroom townhouse with open plan kitchen /dining area at the rear and a further 2 commercial spaces with direct street frontage on the “Draper” street aspect .There is also off street car parking and a tandem single width garage accessible from "Minnie Street" and large courtyard accessible from "Draper Street". There are also 2 separate outdoor W/C's accessed from the courtyard. One of the commercial spaces is currently leased out (Holdover period), returning $805.56 (GST inclusive per cm) + 20 % of Local Council Rates. • Rates approximately $8,671.42 Per Annum • Insurance approximately $4,545.85 Per Annum KEY FEATURES • Potential income for 3 Tenancies on one Freehold Title • Sizeable Residential Residence / with possibility of passive income stream • Off-street carparking plus large courtyard • Two Street frontage