High Yield Queenslander on 353m² Close to Cairns CBD with Strong Holding Income and Future Potential

Possessing timeless character and charm, this beautifully renovated highset Queenslander showcases classic features including soaring ceilings, casement windows, and stunning tulip oak floors, all complemented by fantastic street appeal. Set on a flat 353m² block, and perfectly positioned close to the Cairns CBD, this property delivers an exceptional balance of lifestyle and investment in a sensational city-fringe location with exciting future potential.

From an investment perspective, the home offers a strong holding income, currently returning $1,125 per week, with a flexible layout that is presently configured to provide two separate rental returns, delivering immediate cash flow and long-term upside.

The lower level offers additional utility space and is currently tenanted; however, please note this area is not legal height and is not approved as a separate dwelling.

The property features separately metered electricity, individual laundries for each tenancy, and separate car accommodation allocated to each. Water is supplied via a single meter and is currently paid by the landlord.

Tenancy 1 - Upstairs
• 3 Bedrooms | 1 Bathroom
• Rent: $570
• Lease end: 13/04/2027

Tenancy 2 - Downstairs (non-approved / not legal height)
• 3 rooms + bathroom
• Rent: $570 per week
• Lease end: 25/08/2026

Opportunities like this are increasingly rare - a character-filled Queenslander on a generous inner-city block, delivering exceptional holding income and outstanding future potential just minutes from the Cairns CBD. Whether you're seeking a high-yielding investment or a strategic landholding in a growth location, this is a property that truly stands out.

Additional Information:
• Building and Pest Inspection available upon request
• Video walkthrough available via WhatsApp
• Open Homes every Saturday until SOLD
• Private Inspections are welcomed. A minimum of 48hrs notice is required due to the tenancies in place

In-Room Auction
When: Tuesday, 28th April 2026
Where: Bluewater Bar & Gril - White House Room
Time: From 5:30pm

Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/Nqbn4

Explore the area

School catchments

St Joseph's School Primary Prep-6 Catholic 1.2km
St Augustine's College Secondary 7-12 Catholic 1.3km
Parramatta State School Primary Prep-6 Government 1.4km
Indie School, Logan - Parramatta Park Campus Secondary Independent 1.4km
Balaclava State School Primary Prep-6 Government 1.9km
The BUSY School Secondary 11-12 Independent 2.0km
FNQ Vocational Academy Secondary Government 2.0km
Trinity Bay State High School Secondary 7-12 Government 2.0km
Cairns School of Distance Education Combined Prep-12 Government 2.0km
Mastery Schools Australia - Cairns Campus Combined Independent 2.0km
Mungalla Silver Lining School - Carins Temporary Facility Secondary Independent 2.2km
Cairns State High School Secondary 7-12 Government 2.4km
St Monica's College Secondary 7-12 Catholic 2.5km
Cairns West State School Primary Prep-6 Government 2.6km
St Francis Xavier's School Primary Prep-6 Catholic 2.7km
Our Lady Help of Christians School Primary Prep-6 Catholic 2.8km
Woree State School Primary Prep-6 Government 3.4km
Woree State High School Secondary 7-12 Government 3.4km
Mooroobool Silver Lining School Secondary Independent 3.5km
St Gerard Majella Primary School Primary Prep-6 Catholic 4.2km
Edge Hill State School Primary Prep-6 Government 4.2km
Mother of Good Counsel School Primary Prep-6 Catholic 4.2km
St Mary's Catholic College Secondary 7-12 Catholic 4.4km
Whitfield State School Primary Prep-6 Government 4.6km
Trinity Anglican School Combined Prep-12 Independent 5.0km
White Rock State School Primary Prep-6 Government 5.9km
Freshwater Christian College Combined Prep-12 Independent 7.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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