49 Charles Street, Parramatta Park QLD 4870
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Auction: Tuesday, 28th July 2026 @ 5:30 PM
49 Charles Street, Parramatta Park, QLD 4870
5
3
405m²
0m²
•
house
Property Description
Listed on 10 July 2026
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.
Median house price trends
Comparing the price trend of houses in Parramatta Park against the state of Queensland over the last 4 years. Source: CoreLogic
Comparable properties
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Market activity
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34 Days
House median days on market
18 Days
Unit median days on market
84 Properties
Sold in last 12 months
19 Properties
Available in the last month
Parramatta Park residents
Key characteristics of the residents in the area, view the full breakdown of the suburb here.
19-30
Is the most common age range
Renters
Most common occupant type
Singles
Most common household profile
Community and Personal Service Workers
Most common occupation
Townhouses
Most common property type
Nearby education
Schooling and educational options in the area, for all ages.
Parramatta State School
K - Yr 6
Government
St Joseph's School
K - Yr 6
Catholic
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Parramatta Park
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Cairns
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Queensland
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Frequently asked questions
The property at 49 Charles Street includes 5 bedrooms, 3 bathrooms and no assigned parking spaces.
The land size for 49 Charles Street in Parramatta Park is approximately 405 square metres. This figure is useful for understanding the outdoor space, development potential and overall scale of the property.
49 Charles Street in Parramatta Park, Queensland, is close to local schools such as Parramatta State School, St Joseph's School and St Augustine's College
The current listing status for the property at 49 Charles Street, Parramatta Park is not available in our data at this time.