Rārangi Hou
Discover an exceptional opportunity to own one of the most versatile and sought after property configurations around. The coveted, dual-key apartment in the heart of Cairns CBD.
This high-yielding property is the ultimate, investment opportunity for any prudent investor or makes for an exceptionally flexible living arrangement for an owner occupier. Live in one side and lease out the other.
*Inspections strictly by appointment*
Property Features:
- 1 fully self contained 1-bedroom apartment
- 1 studio apartment
- Separate entry to both properties plus internal access
- Fully renovated bathrooms
- Convenient lift access, top floor location
- Walk to shops, restaurants, and the Esplanade
- Next to Cairns Hospital, positioned near a major expansion, boosting future property values
The Figures
- Studio leased for $300 per week
- Apartment leased for $450 per week
- Attractive net returns of 5.5%
- Body corp of $11,764 annually
- Council rates $3,000 approx annually
Whether you're an astute investor looking for strong cash flow, or a homeowner wanting a flexible living arrangement with rental income potential, this property is an incredible opportunity you don't want to miss!
For all inquiries, contact Tim Lyon on 0400 355 706
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.09 km | 1 | 1 | -m2 | 2024 12 19 | $350,000 | Council approved | |
 | 0.13 km | 2 | 1 | -m2 | 2024 11 27 | - | Council approved | |
 | 0.06 km | 2 | 2 | 127m2 | 2024 09 03 | $830,000 | Council approved | |
 | 0.13 km | 2 | 2 | -m2 | 2024 08 15 | $470,000 | Council approved | |
 | 0.06 km | 2 | 2 | -m2 | 2024 08 12 | $870,000 | Council approved |