This ideal investment property located in Cairns North on McLeod Street would be an excellent choice for your portfolio. Featuring 3 x 1 bed units and 1 x 3 bed unit that has been recently upgraded a couple of years ago. Located only a few minutes from the vibrant Esplanade and easy access to the Cairns Hospital and Airport, these units are in high demand. With the current tenants being long term, the owners have chosen to keep the rents low, but there is the opportunity to increase to market levels.
Current Rent Rent Appraisal
Unit 1 $260 $440-$470
Unit 2 $260 $440-$470
Unit 3 $300 $440-$470
Unit 4 $420 $530-$560
The numbers that matter:
- Rental income $64,480
- No BC fees
- Council rates approx. $12k pa
- Water rates approx. $1k pa
ਗਲੀ ਪਤਾ | ਦੂਰੀ | ਕਮਰੇ ਦੀ ਗਿਣਤੀ | ਬਾਥਰੂਮ ਦੀ ਗਿਣਤੀ | ਇਮਾਰਤ ਖੇਤਰ | ਵਿਕਰੀ ਸਮਾਂ | ਵਿਕਰੀ ਕੀਮਤ | ਡਾਟਾ ਸਰੋਤ | |
|---|---|---|---|---|---|---|---|---|
 | 0.05 km | 2 | 1 | -m2 | 2025 ਸਾਲ 01 ਮਹੀਨਾ 14 ਦਿਨ | - | Council approved | |
 | 0.21 km | 2 | 1 | -m2 | 2025 ਸਾਲ 01 ਮਹੀਨਾ 05 ਦਿਨ | $340,000 | Council approved | |
 | 0.15 km | 2 | 1 | -m2 | 2024 ਸਾਲ 12 ਮਹੀਨਾ 19 ਦਿਨ | $735,000 | Council approved | |
 | 0.14 km | 3 | 1 | -m2 | 2024 ਸਾਲ 10 ਮਹੀਨਾ 03 ਦਿਨ | - | Council approved | |
 | 0.17 km | 3 | 2 | -m2 | 2024 ਸਾਲ 09 ਮਹੀਨਾ 22 ਦਿਨ | $483,500 | Council approved |