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10 Trinity Street, Parramatta Park, Qld 4870 For Sale
10 Trinity Street, Parramatta Park, Qld 4870 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Image 10 Trinity Street, Parramatta Park, Qld 4870-Floorplan 10 Trinity Street, Parramatta Park, Qld 4870-Floorplan

10 Trinity Street, Parramatta Park, Qld 4870

CASH COW - $1,190,000

House
Type
9
Bedrooms
2
Bathrooms
4
Parkings
405 m²
Area

Published on Wednesday, October 14, 2026 ( See property details for 10 Trinity Street, Parramatta Park, Qld 4870)

CASH COW - $1,190,000

Karl Latham - Real Estate Agent - Twomey Schriber Property Group - CAIRNS CITY
Karl Latham Your Property Agent
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Andrea Rolley - Real Estate Agent - Twomey Schriber Property Group - CAIRNS CITY
Andrea Rolley Your Property Agent | Karl Latham Team
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  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully tenanted, centrally located share house with nine income streams, future development potential, and strong rental demand in Cairns.

🏡 Property Highlights

  • Nine income streams generating over $100,000 gross annually
  • Established share house with full occupancy and strong demand
  • Centrally located just 350m from Cairns Central and CBD
  • Future development potential with mixed commercial/residential zoning (STCA)
  • Fully furnished, walk-in, walk-out investment with immediate income
  • Low-maintenance 405m² fenced block with extensive parking

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Security Screens / Gates
  • Fully fenced
  • Water tank
  • Solar Panels
  • Garage / Secure Parking
  • Ceiling Fans
  • Waterfront / Views
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10 Trinity Street
Parramatta Park, QLD 4870
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Vertical aerial view — 10 Trinity Street
10 Trinity Street — Vertical Aerial  •  Parramatta Park, QLD 4870  •  Nearmap © 2026

Parramatta Park offers a vibrant inner-city lifestyle with easy access to shops, restaurants, transport, and educational institutions. The area boasts strong rental demand, a growing community, and excellent future development prospects. Its convenient location makes it ideal for both tenants and investors seeking high-yield opportunities. The neighbourhood combines urban convenience with a relaxed, community-oriented atmosphere. With close proximity to Cairns Central and the CBD, residents enjoy a walkable lifestyle with all amenities at their doorstep.

What is the current rental income and occupancy rate?
The property currently generates over $100,000 gross annually from nine furnished rooms, with a 100% occupancy rate reflecting strong demand for inner-city accommodation.
Are there any development restrictions or approvals needed?
The property is zoned Mixed Commercial/Residential, offering future development potential subject to council approval (STCA).
What are the ongoing maintenance and operating costs?
Costs include utilities offset by solar power, property management, and maintenance of the low-maintenance fenced block, with specific expenses to be confirmed.
Is the property suitable for owner-occupiers or only investors?
While primarily an investment property, the layout and features could also appeal to owner-occupiers seeking a multi-generational or shared living arrangement.
What are the nearby amenities and transport options?
The property is within walking distance to Cairns Central, CBD, shops, restaurants, transport, and CQ University, providing excellent convenience for tenants.
Are there any existing planning or zoning restrictions that could limit future development? Has the property been inspected for structural issues or pests? Are there any upcoming council or community development plans that could impact the area? What are the detailed costs associated with maintaining the property and managing tenants? Is there any history of flooding or environmental risks in the vicinity? Are there any strata or body corporate considerations, if applicable? What are the terms of the current lease agreements and tenant rights? Are there any easements or covenants affecting the property? Has the property been compliant with fire safety and building regulations? Are there any planned infrastructure or construction projects nearby that could affect the property’s value or livability?

10 Trinity Street, Parramatta Park, Qld 4870 - More Details

CASH COW - $1,190,000

9 Income Streams | Established Share House | Walk to Everything | Future Development Potential

$100,000+ p.a. gross (approx. 9%+ yield) from 9 furnished rooms, just 350m from Cairns Central, on a 405m² Mixed Commercial/Residential site with redevelopment potential (STCA).

Investors, take note! With Cairns experiencing tight rental vacancy rates and strong demand for centrally located accommodation, opportunities like this are well worth a closer look.

Fully tenanted, furnished and operating with established house rules, this is a genuine walk-in, walk-out investment offering immediate income without the hassle of setting up a share house from scratch.

THE INVESTMENT HIGHLIGHTS

-9 individual rental rooms generating $100,000+ gross income p.a.
-Historically 100% occupied with strong demand for inner-city accommodation
-Average rental per room around $240
-Fully furnished walk-in, walk-out investment.
-Class 1a fire alarm compliant with interconnected alarms and certification
-Downstairs accommodation is legal height with windows to all rooms
-Mixed Commercial/Residential zoning offering future development potential (STCA)
-NOT situated in a flood zone
-Two-level layout with kitchens, bathrooms and communal living spaces on each level
-Separate front and rear access to both levels
-Solar power helping offset electricity costs
-Fully fenced, low-maintenance 405m² block
-Double carport plus extensive off-street parking
-Just 350m to Cairns Central and an easy walk to the CBD, shops, restaurants, transport and CQ University

LOCATION. INCOME. FUTURE POTENTIAL.

For investors, the appeal is simple. Nine income streams from one property, an established rental history, strong underlying accommodation demand and an incredibly convenient inner-city location.

Whether you're looking to expand your investment portfolio, secure a high-income property or landbank a centrally positioned site with future development possibilities, 10 Trinity Street ticks plenty of boxes.

The income is established. The tenants are in place. The location speaks for itself.

Contact Karl Latham today for rental information, further details or to arrange your private inspection.


All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Type
House
Bedrooms
9
Bathrooms
2
Parkings
4
Area
405 m²

Map & nearby places — 10 Trinity Street, Parramatta Park, Qld 4870

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