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
Address ng Kalye | Distansya | Bilang ng Kwarto | Bilang ng Banyo | Sukat ng Gusali | Oras ng Pagkabenta | Presyo ng Pagkabenta | Pinagmulan ng Data | |
|---|---|---|---|---|---|---|---|---|
 | 0.05 km | 2 | 1 | -m2 | 2025 taon 01 buwan 14 araw | - | Council approved | |
 | 0.21 km | 2 | 1 | -m2 | 2025 taon 01 buwan 05 araw | $340,000 | Council approved | |
 | 0.15 km | 2 | 1 | -m2 | 2024 taon 12 buwan 19 araw | $735,000 | Council approved | |
 | 0.14 km | 3 | 1 | -m2 | 2024 taon 10 buwan 03 araw | - | Council approved | |
 | 0.17 km | 3 | 2 | -m2 | 2024 taon 09 buwan 22 araw | $483,500 | Council approved |