Sold

21/186-188 McLeod Street,
Cairns North 4870, Queensland

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

$435,000


Property details

Dual-Key in Cairns North - income flexibility + location + scarcity

Opportunities like this are tightly held - a dual-key apartment in the heart of Cairns North, delivering flexibility, strong demand and immediate income appeal with phenomenal returns.

Held on one title, this smartly configured property offers two residences, making it ideal for investors, SMSF buyers or owner occupiers wanting to offset their mortgage. Whether leased separately, lived in while renting the other, or held as a long-term growth asset, the options here are compelling.

Positioned in one of Cairns' most consistent rental locations, the property sits just minutes from the CBD, hospital precinct, Esplanade and transport links, ensuring ongoing demand from professionals, tenants either long or short term.

This property is being offered with a clear instruction to sell. Inspections will be limited, and interest is expected to be strong given the scarcity of dual-key stock and rental return in Cairns North.

This is not a listing that will linger - buyers ready to act will be rewarded.

**Limited inspection opportunities**

Body Corporate: Approx $11,400pa
Rental Income: Approx $850pw
Rates: Approx $3,200pa

Please enquire to receive a copy of the following documents:
Property Summary
Sellers Disclosure
Buyers Guide
Rental Appraisal
EGM & AGM Minutes
Offer Form

If you're searching for a strategic addition to your portfolio, this is a value-packed opportunity in a central position close to Cairns CBD.

**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 endeavor 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.


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