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1-6/11 Sandown Close, Woree, QLD 4868, 12 Bedrooms, 6 Bathrooms, Unit

Under Offer

1-6/11 Sandown Close, Woree, QLD 4868

12
6
6
1242m2
UnitListed on Mon Sep 30
Price drop

Woree 12 Bedroom Outstanding Investment Opportunity

DISTINCT

Discover a fantastic investment opportunity just 8 minutes from Cairns CBD! Located in a high-growth area with strong demand due to its proximity to major shopping centres, schools, and recreational facilities, this property boasts 6 individually titled apartments.

With central appeal and excellent rental yields, now is the time to invest before prices increase. The property currently offers a guaranteed rental returns, making it a smart choice for investors.

THE FACTS

- Entire complex situated on a 1242m? battleaxe allotment

- 6 ground-floor units, each on separate titles

- Managed under an inactive body corporate

- Building 1 (Units 1-4) constructed in 1980, Building 2 (Units 5 & 6) in 2005

- Each unit features 2 bedrooms, 1 bathroom, and 1 car space

- Units 5 & 6 include lockup garages

Investment Highlights

- The complex is under a head lease providing guaranteed rental returns

- Current gross rental income: $115,440 ($370 per week per unit)

- Zero management fees*

A Pre-Sale Building and Pest Inspection and Investment Memorandum Available on request.

These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the property?s potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs.

Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.

Location

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Estimate

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Woree State School
0.74 km
Primary
Prep-6
Government
icsea: 855
Woree State High School
0.79 km
Secondary
7-12
Government
icsea: 862

Property history

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Woree surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
368 2-8 Rigg Street, Woree
0.06 km
2
2
-m2
Year 2025 Month 01 Day 06
-
Council approved
113/2-8 Rigg Street, Woree
0.06 km
2
2
-m2
Year 2024 Month 10 Day 28
-
Council approved
236/2-8 Rigg Street, Woree
0.04 km
2
2
85m2
Year 2024 Month 09 Day 24
$305,000
Council approved
123/2-8 Rigg Street, Woree
0.04 km
2
2
115m2
Year 2024 Month 09 Day 14
$310,000
Council approved
365/2-8 Rigg Street, Woree
0.04 km
2
2
-m2
Year 2024 Month 07 Day 24
$305,495
Council approved

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Ref:eagle_1477881Last update:2025-01-10 10:59:18