5/374 Severin Street, Parramatta Park
Listing data updated 16 June 2026
- Positioned in the heart of Parramatta Park, this is smart buying for those who know the value of location, low maintenance, and long-term potential. Just minutes from the Cairns CBD, this well-positioned property offers the kind of convenience tenants and owner-occupiers actively look for - cafés, dining, shopping, and everyday essentials all within easy reach. Whether you’re building your portfolio, stepping into the market, or simplifying your lifestyle, this is a move that makes sense. - 1 bedroom - 1 bathroom - 1 car space - Low-maintenance - High-demand CBD-fringe position Investment Snapshot: Currently returning $360 per week, with future upside to increase to $400 per week from 04/12/2026 - making this an attractive set-and-hold investment with built-in growth potential. For investors, it’s a straightforward addition with consistent demand and room to improve returns. For first home buyers, it’s an affordable entry into a central, well-connected location. For downsizers, it’s easy, practical living without the upkeep. Outgoings: Body Corporate: approx. $4200 per annum Council Rates: approx. $3200 per annum Opportunities like this - close to the CBD, low-maintenance, and offering both immediate return and future upside - don’t sit around. We look forward to welcoming you through the open home! Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. The photos may include digital staging, and the furniture may not represent what is at the property. This property is not furnished. We accept no responsibility or liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective buyers are encouraged to make their own enquiries to verify the information contained in this advertisement.
RealistIQ deal score
Strong value signal
91
/100
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Listing details
- Status
- OFFERS OVER $289,000
Agent and agency
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