Being offered to the market for the first time in years, the owners have given clear instructions to sell!
Brimming with development potential, the opportunities are boundless for developers or investors. Presenting the perfect combination of location and lifestyle, these highly sought after properties are set over two lots on 810m2 and zoned Residential 3
Option 1: An excellent investment opportunity. renovate, Rent out the home and capitalize on future gains.
Option 2: remove the existing homes, build two new homes and enjoy being centrally located in one of the most sought after positions in Cairns.
Option 3: Presenting a potential development opportunity the site is zoned Residential 3 up to 4 stories under the current Planning Scheme. The surrounding area has proved successful, with many blocks now being developed as new contemporary apartments or townhouses. For a savvy developer this prime site could present the ideal development opportunity! Be quick to speak with one of the local town planning firms or Council, to make sure you dont miss out.
From this superb pocket of Parramatta Park you can walk to the bus stop, ride or drive to Cairns Central Shopping Centre as well as schools and parks. Located less than 2kms to the Cairns CBD and only 6 streets or a short ride or drive to the Cairns Esplanade, 471 Draper Street, Parramatta Park offers a multitude of options for the astute purchaser. Strong interest is anticipated, and the property WILL be sold. The sellers want a quick and hassle free sale so don’t miss out on securing this rare opportunity.