Sold

20/186-188 McLeod Street,
Cairns North 4870, Queensland

2 bedrooms
2 bathrooms
1 car space
89m² land size
89m² building size
Unit

Price withheld


Property details

Top Floor High-Yield Investment in a Prime Cairns City Fringe Location

Positioned just minutes from the Cairns Esplanade, hospitals, and CBD, this well-presented dual key two-bedroom apartment offers investors the ideal combination of location, low maintenance, and reliable returns.

Set in a secure complex with resort-style amenities, the property appeals strongly to both long-term tenants and short-stay occupants-ensuring consistently high demand.

Property Features:
• Two generous bedrooms, both with built-in robes and new split system air-conditioning
• Open-plan living and dining
• Renovated modern kitchen with ample storage and bench space
• Hybrid flooring throughout for easy maintenance
• Internal laundry
• Secure complex with resort pool and off-street undercover parking

Investment Highlights:
• Currently leased to quality tenants seeking longevity
• Strong rental return with excellent occupancy history
• Low body corporate fees relative to the location and facilities
• Freshly painted and well maintained complex

Current Tenancy Details
• Current rental income: $610pw (ends 9 July 2026)
** Rent can be increase upon appropriate notification **

Last Rates Notice - $1,638.31 (bi-yearly)
Last Body Corporate Levy - $2,678.03 (quarterly)

Proven performer in a high-demand rental corridor close to employment hubs and lifestyle amenities

Whether you're looking to expand your portfolio or secure a solid entry into the Cairns investment market, this apartment delivers the numbers and the location to back it up.

**Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.

Explore the area


School catchments

  • Parramatta State School Primary Prep-6 Government 1.2km
  • Mastery Schools Australia - Cairns Campus Combined Independent 1.2km
  • St Joseph's School Primary Prep-6 Catholic 1.4km
  • Cairns School of Distance Education Combined Prep-12 Government 1.8km
  • Mother of Good Counsel School Primary Prep-6 Catholic 1.8km

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.


Back to top