238 Draper Street, Parramatta Park QLD 4870

For Sale $750,000 Neg

Outstanding CBD Investment Opportunity

Wow, what a prime investment opportunity for the astute investor.

Located approximately …

• 320 meters from Cairns major shopping centre

• 1200 meters to the beautiful Cairns Esplanade

• 1600 meters to the public and private hospitals

• 5600 meters to both the domestic and International airports

This property also has the added bonus of a 2 Street access, a corner, high exposure location, as well as a great long term commercial tenant already in place down stairs. As well as residential 3 Bedroom, 1 Bathroom, Kitchen and lounge room upstairs and 3 bedrooms, 1 bathroom downstairs that can easily be leased out separately. The opportunities are certainly endless.

Rates: Approx $3265 pa

Upstairs Rental: Approx $350 p/w

Downstairs Commercial Rental: $39,161.76 pa til Feb 2018

This property is proudly listed by:

First National Real Estate Cairns Central Suite 1, 155 Mulgrave Road
Cairns QLD 4870

Open for Inspection

By Appointment

Additional information

Property Type Retail/Office
Property ID 41117110084
Price $750,000 Neg
Land Area 405 sqm (approx)
Building Area 480 sqm (approx)