Turnkey Investment - Multiple Incomes - One Title

Positioned as a high-performing, income-generating asset, 65 Ishmael Road presents a rare opportunity to secure a fully leased unit complex with immediate cash flow and long-term upside. Proudly presented to the market by 'The Ray Murphy Team', this solid investment is ideally suited to the astute investor looking to expand their portfolio with a proven, income-producing asset. Set on a generous 959m² allotment, the property comprises five units in total, all tenanted with secure leases in place, delivering consistent returns from day one. With no body corporate fees and future development potential, this is a strategic acquisition in a tightly held market.

Property Highlights:
? Full unit complex on a 959m² block
? 100% occupancy with long-term tenancies in place
? Four (4) x 1-bedroom, 1-bathroom units
? One (1) x 2-bedroom, 1-bathroom unit
? Strong rental return with reliable income stream
? No body corporate fees, maximising net return
? Future development potential (STCA)

Current Rental Income:
? Unit 1: $375.00 per week until February 2027
? Unit 2: $360.00 per week until October 2026
? Unit 3: $360.00 per week until March 2027
? Unit 4: $360.00 per week until February 2027
? Unit 5: $340.00 per week until April 2027

Conveniently positioned within walking distance to Stockland Shopping Centre, Barr Street Markets, and public transport, the property offers exceptional accessibility for tenants. Local schools, medical facilities, and recreational amenities are all nearby, while the Cairns CBD and Esplanade are just a short drive away, ensuring ongoing demand and strong rental appeal.

Contact 'The Ray Murphy Team' today to register your interest!
Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/4vAmJ

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

Our Lady Help of Christians School Primary Prep-6 Catholic 0.54km
Balaclava State School Primary Prep-6 Government 0.88km
Woree State School Primary Prep-6 Government 1.7km
Woree State High School Secondary 7-12 Government 1.8km
Mooroobool Silver Lining School Secondary Independent 1.9km
Cairns West State School Primary Prep-6 Government 2.2km
St Francis Xavier's School Primary Prep-6 Catholic 2.2km
Cairns School of Distance Education Combined Prep-12 Government 2.5km
Trinity Bay State High School Secondary 7-12 Government 2.5km
St Gerard Majella Primary School Primary Prep-6 Catholic 2.7km
FNQ Vocational Academy Secondary Government 2.8km
St Mary's Catholic College Secondary 7-12 Catholic 3.0km
The BUSY School Secondary 11-12 Independent 3.1km
Parramatta State School Primary Prep-6 Government 3.1km
St Joseph's School Primary Prep-6 Catholic 3.3km
Indie School, Logan - Parramatta Park Campus Secondary Independent 3.3km
St Augustine's College Secondary 7-12 Catholic 3.4km
Whitfield State School Primary Prep-6 Government 3.9km
Trinity Anglican School Combined Prep-12 Independent 3.9km
Mastery Schools Australia - Cairns Campus Combined Independent 4.2km
Cairns State High School Secondary 7-12 Government 4.2km
Mungalla Silver Lining School - Carins Temporary Facility Secondary Independent 4.3km
Edge Hill State School Primary Prep-6 Government 4.3km
St Monica's College Secondary 7-12 Catholic 4.5km
White Rock State School Primary Prep-6 Government 4.8km
Mother of Good Counsel School Primary Prep-6 Catholic 5.1km
Redlynch State College Combined Prep-12 Government 6.3km

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.

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