Sold

9/553-561 Mulgrave Road,
Earlville 4870, Queensland

2 bedrooms
1 bathroom
1 car space
60m² land size
60m² building size
Unit

$303,000


Property details

Offers Over $299,000 | Affordable Entry. Secure Income. Outstanding Long-Term Potential.

Property at this price point are becoming increasingly difficult to secure, particularly in one of Cairns' most convenient and consistently sought-after suburbs. Whether you're looking to start your investment journey or expand your portfolio, this is the type of property that makes sound financial sense.

Currently leased at $385 per week until June 2027, this ground-floor apartment offers immediate, reliable rental income from settlement, allowing you to invest with confidence while benefiting from a quality tenant already in place.

Positioned within walking distance of Stockland Earlville Shopping Centre, schools, medical facilities, public transport and only minutes from the Cairns CBD, the location continues to attract strong tenant demand and provides the fundamentals investors seek for long-term capital appreciation.

Inside, the apartment offers two generous air-conditioned bedrooms, an open-plan living and dining area, a practical kitchen and a private fenced courtyard, creating an appealing home for tenants who value space, privacy and convenience.

Investment Highlights
• New Price - Offers Over $299,000
• Currently returning $385p/w
• Fixed lease in place until June 2027
• Strong tenant appeal in a high-demand rental location
• Ground-floor position with private courtyard
• Walking distance to Stockland Earlville Shopping Centre
• Minutes to the Cairns CBD, hospitals and major amenities
• An affordable entry into a suburb with proven long-term demand and excellent growth fundamentals.

Whether you're searching for your first investment or another quality addition to your portfolio, this is an opportunity to secure a well-positioned asset with immediate income and excellent prospects for future growth.

Do the numbers...this one stacks up!!!!

At Offers Over $299,000, opportunities like this are becoming increasingly rare!

Explore the area


School catchments

  • Our Lady Help of Christians School Primary Prep-6 Catholic 0.67km
  • Woree State School Primary Prep-6 Government 1.3km
  • Balaclava State School Primary Prep-6 Government 1.3km
  • St Gerard Majella Primary School Primary Prep-6 Catholic 2.2km
  • St Francis Xavier's School Primary Prep-6 Catholic 2.7km

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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