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53 Minnie Street, Parramatta Park

MIXED USE RESIDENTIAL /COMMERCIAL ON ONE FREEHOLD TITLE -

4 Bed | 1 Bath | 2 Car
This two storey very solid block and tile “Freehold” property is situated in one of Cairns most popular inner-city suburbs. Zoned Res 3, there is a bountiful selection of mixed-use options available to the astute purchaser. With 2 street access and just 700 metres to Cairns Central shopping Centre, this is an opportunity not to be missed!
The property combines a large 3/4-bedroom, one-bathroom townhouse with open plan kitchen /dining area at the rear and a further 2 commercial spaces with direct street frontage on the “Draper” street aspect .There is also off street car parking and a tandem single width garage accessible from "Minnie Street" and large courtyard accessible from "Draper Street". There are also 2 separate outdoor W/C's accessed from the courtyard. One of the commercial spaces is currently leased out (Holdover period), returning $805.56 (GST inclusive per cm) + 20 % of Local Council Rates.
• Rates approximately $8,671.42 Per Annum
• Insurance approximately $4,545.85 Per Annum
KEY FEATURES
• Potential income for 3 Tenancies on one Freehold Title
• Sizeable Residential Residence / with possibility of passive income stream
• Off-street carparking plus large courtyard
• Two Street frontage

4 Bed | 1 Bath | 2 Car

MIXED USE RESIDENTIAL /COMMERCIAL ON ONE FREEHOLD TITLE -

This two storey very solid block and tile “Freehold” property is situated in one of Cairns most popular inner-city suburbs. Zoned Res 3, there is a bountiful selection of mixed-use options available to the astute purchaser. With 2 street access and just 700 metres to Cairns Central shopping Centre, this is an opportunity not to be missed!
The property combines a large 3/4-bedroom, one-bathroom townhouse with open plan kitchen /dining area at the rear and a further 2 commercial spaces with direct street frontage on the “Draper” street aspect .There is also off street car parking and a tandem single width garage accessible from "Minnie Street" and large courtyard accessible from "Draper Street". There are also 2 separate outdoor W/C's accessed from the courtyard. One of the commercial spaces is currently leased out (Holdover period), returning $805.56 (GST inclusive per cm) + 20 % of Local Council Rates.
• Rates approximately $8,671.42 Per Annum
• Insurance approximately $4,545.85 Per Annum
KEY FEATURES
• Potential income for 3 Tenancies on one Freehold Title
• Sizeable Residential Residence / with possibility of passive income stream
• Off-street carparking plus large courtyard
• Two Street frontage

Location

53 Minnie Street, Parramatta Park

For Sale

Offers Over $500,000

Property Type

House

Land Size

472m2

Other Details

Council Rates - $8,671.42

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