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Back 281 Severin Street
Off Market

281 Severin Street

Parramatta Park QLD 4870

11
4
2
415 m²
Apartment
Freeman's Real EstateFreeman's Real Estate, last sold this property on 23 September 2025 after 382 days on market.

Overview

Prime Investment Opportunity - Potential Share House

Features include: Seize a prime investment opportunity with this exceptional property in the heart of Parramatta Park. This corner lot, featuring a tastefully converted 2-story Queenslander, presents a compelling prospect for investors seeking modern, low-maintenance units in a highly desirable rental location. This Prime rental location has the potential for up to 12.5% if converted to shared housing. Property Highlights: Location: 281 Severin Street, Parramatta Park Freehold title. No Body Corp Fees Rates $3100 per unit Land Size: 415 m2 corner block Zoning: Residential Proximity: Close to schools, parks, sports facilities, and only a 3-minute drive to Cairns Central Public Transport: Conveniently accessible Security: Gated entry for added peace of mind Development Potential: Excellent opportunity for future expansion. Unit Details: Unit 1: Three bedrooms One bathroom Two entrances Currently vacant for inspections Unit 2: Three bedrooms One bathroom Two entrances Currently tenanted until 5th Dec 25 @$ 450 per week Unit 3: Three bedrooms One bathroom Two entrances Currently tenanted until 5th Dec @ $450 per week Unit 4: Two bedrooms One bathroom Office space Two entrances Currently tenanted until 7th September 25 @ $430 per week Additional Features: - Modern Conversions: Four contemporary apartments with high-quality fittings throughout - Low Maintenance: Well-maintained garden and efficient upkeep - Rental Returns: High demand in this popular rental area ensures strong returns. rent to increase to $470-$480 per week. This well-located property combines modern convenience with substantial investment potential. The current setup of four distinct units maximises rental income, while the large corner block offers scope for future development.

Features

11 bedrooms
4 bathrooms
2 carspaces
2 open car spaces
415 m² lot size
Apartment

Estimated Value

We need at least 3 similar 11 bedroom apartments sold in Parramatta Park over the last 12 months.

Property history for 281 Severin Street

2025
Sold
Undisclosed
23 Sep 2025 by Freeman's Real Estate, of Freemans Residential
2022
Sold
$1,200,000
Private Sale/Treaty on 06 Jul 2022 by Belinda Woodburn, of Felix Grasso Real Estate
2020
Rented
Undisclosed
Leased on 12 Nov 2020 by Felix Grasso Real Estate

Happy sellers in Parramatta Park

94%
94% of sellers in Parramatta Park reported that their sale price either exceeded or met their price expectations.

Parramatta Park stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Parramatta Park over the last 12 months.

Local market activity for 11 bedroom apartments in Parramatta Park

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Parramatta Park

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Adam Saitta

Adam Saitta is a recommended agent for Parramatta Park.  They have 2 local sales and collected 5 local reviews across the last 12 months.

  •   5   (35 reviews)
  •  5 Reviews in Parramatta Park
  •  2 Sales in Parramatta Park
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Zoe Wicks

Sellers who recommend Zoe Wicks have praised them for being clear communication, local expert, friendly, responsive, supportive, well-prepared and great negotiation

  •   4.9   (243 reviews)
  •  2 Reviews in Parramatta Park
  •  4 Sales in Parramatta Park
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Claudio Di Bartolomeo

Claudio Di Bartolomeo is an award winning recommended agent for Parramatta Park.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (235 reviews)
  •  2 Reviews in Parramatta Park
  •  2 Sales in Parramatta Park
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Tim Lyon

Sellers who recommend Tim Lyon have praised them for being clear communication, local expert, responsive, supportive, reliable, well-prepared and honest

  •   5   (384 reviews)
  •  2 Reviews in Parramatta Park
  •  1 Sale in Parramatta Park
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