Sold

32/261-265 Sheridan Street,
Cairns North 4870, Queensland

1 bedroom
1 bathroom
29m² land size
Studio

$89,000


Property details

Cheap and Cheerful Studio Bedsit | Cairns' City Fringe

A little will go along way with this property. Situated within the 'Winston Complex' this inner city fringe establishment presents as an easy set-and-forget investment property, or a quaint little bedsit for the Owner Occupier that is eager to get their foot on the property ladder.

Property Highlights:
- Private and quiet gated complex of only 31
- Ground floor, air-conditioned studio apartment, 29m2
- Functional kitchenette
- Inground swimming pool
- Barbeque, and entertainment area
- Security parking area, CCTV
- Shared communal laundry facilities

This property offers a great prospect for those who want the convenience of living in the city without the price tag. Within immediate proximity to all major amenities, including but not limited to schools, hospitals, public transport, major shopping centres, medical facilities, the Cairns' Esplanade, Lagoon and airports.

The 'Winston Complex' also offers a great potential to capitalise on Cairns' strong tourism market and Airbnb/Short Let accommodation may turn this little bedsit into an opportunistic cash cow.

The Bottom Line:
Currently achieving $240p/w until August 2023
Current rental appraisal: $240 - $255per week.
Body Corporate Levies: $6,500 approx. p/a

Contact Natasha Whalley-Thompson on 0487 154 973 to register your interest. A minimum of 24 hours' notice is required due to the tenancy agreement

Explore the area


School catchments

  • Mother of Good Counsel School Primary Prep-6 Catholic 1.2km
  • Parramatta State School Primary Prep-6 Government 1.7km
  • Mastery Schools Australia - Cairns Campus Combined Independent 1.8km
  • Cairns School of Distance Education Combined Prep-12 Government 1.9km
  • St Joseph's School Primary Prep-6 Catholic 1.9km

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.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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