Sold

340 McLeod Street,
Cairns North 4870, Queensland

6 bedrooms
4 bathrooms
598m² land size
Block of Units

Price withheld


Property details

Rare Inner-City Quadplex Investment - Cairns

Investor's Dream - High-Yield Cairns Quadplex in a Prime Location

An exceptional opportunity to secure a tightly held quadplex in the heart of Cairns' inner city. Properties of this calibre and configuration are rarely offered, making this a standout addition to any savvy investor's portfolio. This complex is attracting more interest than almost any other asset class in the Cairns residential market due to:

• Exceptionally high yield returns current returning $1,520 per week
• Super low risk thanks to historically low vacancy rates
• Low outgoings with no body corporate levies
• Fully leased, generating immediate income
• Strong upside potential with the opportunity for rental increases

Location Highlights:

• In the immediate vicinity of JCU University Hospital, Cairns Base Hospital, and Cairns Domestic & International Airport
• Close to CBD, employment hubs, dining, transport, and lifestyle amenities
• Ensures consistent rental demand and long-term growth potential

Complex Breakdown:

3 x One-Bedroom Fully Self-Contained Apartments
• Modern kitchen
• Bathroom
• Laundry
• Large Private patio

1 x Three-Bedroom Fully Self-Contained Apartment
• Spacious kitchen
• Bathroom
• Laundry
• Private patio

Delivering a versatile tenant mix and strong rental appeal, this income-producing asset offers the perfect blend of cash flow, flexibility, and future upside.

Opportunities like this are scarce - inspect with confidence.

Explore the area


School catchments

  • Mother of Good Counsel School Primary Prep-6 Catholic 0.61km
  • Edge Hill State School Primary Prep-6 Government 1.7km
  • Cairns School of Distance Education Combined Prep-12 Government 2.2km
  • Parramatta State School Primary Prep-6 Government 2.2km
  • Mastery Schools Australia - Cairns Campus Combined Independent 2.4km

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