For Sale

49 Charles Street, Parramatta Park, Qld 4870

Auction

House

Type

Bedrooms

Bathrooms

Parkings

405 m²

Area

Last updated on Friday, July 24, 2026 ( See property details for 49 Charles Street, Parramatta Park, Qld 4870)

Auction

Ray Murphy Selling Principal

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Ben Keene Sales Agent for The Ray Murphy Team

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AI Property Insight

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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Suburb and Property Insights of Parramatta Park, QLD 4870

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.

Frequently Asked Questions

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.

What to ask about this property to agent?

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

Positioned on a generous allotment just moments from the Cairns CBD, this versatile high-set Queenslander presents an outstanding opportunity for investors seeking strong rental returns or owner-occupiers looking to supplement their income.

Tastefully converted into three self-contained residences, the property offers multiple income streams while retaining the charm and character of its classic Queenslander origins. With separate living spaces, functional layouts and excellent tenant appeal, this is a rare opportunity in one of Cairns' most tightly held city-fringe suburbs.
The upper level features a spacious three-bedroom residence, complete with open plan living and dining, a well-appointed kitchen, private balcony and generous bedrooms serviced by a central bathroom.

Downstairs has been thoughtfully configured into two one-bedroom self-contained apartments, each offering an open plan living and kitchen area, private bedroom with ensuite and walk-in robe, making them ideal for long-term tenants or extended family accommodation.

Situated within walking distance to Cairns CBD, the Esplanade, hospital precinct, schools, public transport and an array of cafés and restaurants, the location ensures consistent rental demand and exceptional convenience.

Property Features:

• High-set Queenslander converted into three separate income-producing residences

Upstairs:
• Three bedrooms
• One bathroom
• Open plan living and dining
• Functional kitchen
• Large entertaining balcony

Downstairs:
• Two self-contained one-bedroom apartments
• Each featuring an ensuite, walk-in robe, kitchen and open plan living
• Multiple income streams with excellent investment potential
• Solar power system
• Off-street parking
• Spacious yard with room for further improvements (STCA)
• Prime Parramatta Park location only minutes from the Cairns CBD

Current Rental Income:
• 49A (Upstairs): $520.00 per week until September 2026
• 49B: $365.00 per week until September 2026
• 49C: $365.00 per week until November 2026

Whether you're looking to expand your investment portfolio, accommodate multi-generational living, or secure a property with exceptional flexibility and future upside, 49 Charles Street delivers an opportunity that's increasingly difficult to find.

Contact 'The Ray Murphy Team' today to register your interest and book an inspection!

Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/goqXy

Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Type: House
Bedrooms: 5
Bathrooms: 3
Parkings: 2
Area: 405 m²

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