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7/284 Lake Street,
Cairns North 4870, Queensland

2 bedrooms
1 bathroom
1 car space
64m² land size
Unit

Price withheld

Property details

Affordable Inner-City Investment Opportunity!

Positioned on the second level within a boutique complex of only 12 units, 'The Ray Murphy Team' proudly introduces to the market this spacious two-bedroom, one bathroom unit that offers a fantastic opportunity for savvy investors to secure a solid foothold in the real estate market. With its prime location and low-maintenance appeal, this unit will be a welcomed asset to any established or growing investment portfolio.

PROPERTY FEATURES:
- Two generous bedrooms with split-system air conditioning for year-round comfort
- Open plan living and dining area for functional, modern living
- Functional kitchen equipped with a dishwasher
- One modern bathroom
- Tiled flooring throughout for easy upkeep
- Crimsafe security screen on the front door for added peace of mind
- External laundry
- Access to a complex in-ground swimming pool, perfect for relaxation
- Positioned within a small, boutique complex of just 12 units
- Located within the Cairns State High School catchment area

THE FIGURES:
Body Corporate Fees: $5,700.00 approx. p/a
Council Rates: $2,900 approx. p/a
Rental Income: Currently achieving $375.00 per week until June 2025

Conveniently located within proximity to all major amenities, this property is just a short walk to public transport, Cairns Hospital, and the bustling Esplanade. A quick drive will take you to the Tobruk Memorial Pool, Cairns Tennis Centre, Cairns Airport, and both public and private schools. Cairns Central Shopping Centre and other retail hubs are also within easy reach.

This property is an unmissable opportunity for investors or those seeking a low-maintenance lifestyle close to the heart of Cairns. Contact 'The Ray Murphy Team' today to register your interest! A minimum of 24 hours' notice required due to tenancy.

Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Explore the area

School catchments

  • Mother of Good Counsel School Primary Prep-6 Catholic 0.96km
  • Mastery Schools Australia - Cairns Campus Combined Independent 2.1km
  • Parramatta State School Primary Prep-6 Government 2.1km
  • Edge Hill State School Primary Prep-6 Government 2.2km
  • St Joseph's School Primary Prep-6 Catholic 2.3km

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

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

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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