20 Loeven Street, Parramatta Park, QLD 4870

Hotel/Leisure | Hotel/Leisure | Hotel/Leisure

For Sale Offers over $750,000

  • Property ID: 408987
  • Floor Area: 170m² - 180m²
  • Land Area: 405m²
  • Occupancy: Vacant
  • NBN Availability: Not Currently Available
Contract Crashed! CBD Fringe Opportunity

Positioned a stone's throw from the Cairns CBD and Cairns Central Shopping Centre, this high-set Queenslander has been extensively upgraded and offers a unique (and painstakingly executed) set-up in a convenient location.

Registered for short term accommodation as a sharehouse/hostel, the hard work has been done to make this property stand out from the crowd, with the attractive Queenslander lifted to above legal height and the block itself raised above neighbouring properties.

There are 8 bedrooms, 2 full bathrooms and 2 additional toilets across the two levels, with dual kitchens, dual laundries and separate living areas up and down - ideal for comfortable short term accommodation, or even a swap to accommodate a large single family or even dual living (STCA).
Upstairs maintains its traditional Queenslander features, while downstairs has a more modern feel, with bi-fold doors opening out to a covered in-ground pool.

Parking is sorted, with both off-street parking to the front as well as a 3 bay shed with high clearance and 2 roller doors positioned at the rear of the block, with easy side access and concrete hardstand from front to back.

Whether seeking to add to an existing portfolio, cater to the huge demand for housing in the current market or even looking for a cityside residence with income potential, this is one to check out. Properties built to this standard with the proper approvals in place are hard to find, and will only become rarer this close to the CBD.

Features:

-Council approved sharehouse
-Located close to Cairns Central Shopping Centre & CBD
-Each level fully self contained
-Suitable for long or short term rentals
-On-site car parking
-405m2* freehold

For more information, contact the agent.

*approximately

All information contained herein is gathered from sources we believe to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Colliers - a leader in global real estate services, defined by our spirit of enterprise. Through a culture of service excellence and collaboration, we integrate the resources of real estate specialists worldwide to accelerate the success of our partners. We represent property investors, developers and occupiers in local and global markets. Our expertise spans all property sectors - office, industrial, retail, residential, rural & agribusiness, healthcare & retirement living, hotels & leisure. Colliers is Australia's own global real estate success story.

Parramatta Park Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $1688 $173 10.27%
Offices $2400 --- ---
Retail $2400 --- ---
This is the average advertised price, rent and yield for Parramatta Park, QLD 4870*
* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.
Floorplans

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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