9 Lumley Street, Parramatta Park, QLD 4870

Great location ! Great potential ! Great Returns !

This 11 bedroom property is the perfect fit for the discerning buyer with brilliant location on low maintenance 354 m2 block with Low Density residential Zoning in place.

Upstairs:

3 bedroom residence with kitchen and bathroom facilities in place, this can be utilized as an on-site managers residence or rented out as well. Polished timber floorboards throughout all properties positioned in Lumley Street are covered by a character precinct overlay, which retain the historical flavour in the street.

Downstairs:

The downstairs area is fully tiled throughout and comprises 8 bedrooms that the seller has advised has Cairns Regional Council approval in place for short term accommodation. 2 bathrooms and well positioned kitchen make the design layout to provide income of up to $250 per week each room.

All bedrooms are air-conditioned and the options are to rent all 11 bedrooms out or live upstairs and rent out 8 rooms downstairs .

The seller has advised council rates are approximately $8,000 per annum. Brilliant location in a quiet street with rapid access to the city centre as a pedestrian, this property to put it simply is astandout in the market place !

For further information or to arrange an inspection contact agent today !