49 Charles Street, Parramatta Park, Qld 4870

Auction

House
Type
5
Bedrooms
3
Bathrooms
2
Parkings
405 m²
Area

Published on Saturday, July 11, 2026 ( See property details for 49 Charles Street, Parramatta Park, Qld 4870)

Auction

Ben Keene Sales Agent for The Ray Murphy Team
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile high-set Queenslander in Parramatta Park offering three self-contained residences with excellent income potential and prime location proximity to Cairns CBD.

🏡 Property Highlights

  • Converted into three self-contained residences offering multiple income streams
  • Prime location within walking distance to Cairns CBD, Esplanade, and amenities
  • Spacious high-set Queenslander with classic charm and modern updates
  • Solar power system included for energy efficiency
  • Generous 405 m² allotment with room for future improvements (STCA)
  • Strong rental income with long-term tenants in place

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Ensuite
  • Built-in Robes
  • Solar Panels
  • Off-street parking
  • Spacious yard
  • Multiple income streams
  • High-set Queenslander
  • Functional kitchen
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49 Charles Street
Parramatta Park, QLD 4870
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Vertical aerial view — 49 Charles Street
49 Charles Street — Vertical Aerial  •  Parramatta Park, QLD 4870  •  Nearmap © 2026

Parramatta Park is a highly sought-after suburb known for its convenient proximity to Cairns CBD, vibrant local amenities, and strong rental demand. The area offers a mix of historic Queenslanders and modern homes, with excellent walkability, access to schools, parks, and public transport. Its desirable location makes it ideal for investors and owner-occupiers alike, seeking a vibrant community with growth potential.

What is the layout of the property and how many residences does it include?
The property is a high-set Queenslander converted into three self-contained residences: one three-bedroom upstairs and two one-bedroom apartments downstairs.
What is the current rental income and lease terms?
The upstairs residence rents for $520 per week until September 2026, while the two downstairs apartments each rent for $365 per week until September and November 2026 respectively.
Are there any future development or renovation opportunities?
Yes, the spacious yard offers potential for further improvements or extensions subject to council approval (STCA).
What are the key features that make this property a good investment?
The property offers multiple income streams, a prime location close to Cairns CBD, solar power for energy savings, and strong tenant demand.
Is the property suitable for owner-occupiers or multi-generational living?
Yes, the configuration allows for owner-occupiers to live in one part while renting out the others, or for multi-generational families to reside comfortably.
Are there any zoning restrictions or easements affecting the property? Has the property been inspected for structural issues or pests? Are there any upcoming council or development plans in the area that could impact the property? What are the total ongoing costs, including council rates, body corporate fees (if applicable), and maintenance? Is the property compliant with all building codes and safety standards, especially for the self-contained units? Are there any known issues with the solar power system or other installed upgrades? What is the history of the property's maintenance and any past repairs? Are there any restrictions on future modifications or extensions to the yard or structures? Is there any history of flooding or bushfire risk in this area? Are there any existing warranties or guarantees on the appliances and systems included?

49 Charles Street, Parramatta Park, Qld 4870 - More Details

Auction

Type
House
Bedrooms
5
Bathrooms
3
Parkings
2
Area
405 m²

Auctions

  • 49 Charles Street, Parramatta Park, Qld 4870

    Tuesday 28 July
    5:30 pm
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