26 Lake Placid Road
Caravonica, QLD 4878

This versatile dual living property offers an exceptional opportunity for investors, extended families, or buyers seeking additional income potential in a convenient Cairns location. The property features two fully self-contained residences on a single title, providing rare flexibility in the market. Buyers can choose to live in one residence and lease the other, accommodate multigenerational living arrangements, or maximize returns through dual rental income.

Situated close to the Barron River, walking trails, and key lifestyle amenities, the property combines practical living with excellent accessibility. This makes it an attractive option for both owner-occupiers and investors.

Property Highlights:

• Two fully self-contained residences on one title, situated on a 959 square meter block.
• Each residence includes three spacious bedrooms and one bathroom.
• Open plan living and dining areas provide a spacious and comfortable environment.
• Functional kitchens equipped with ample storage and bench space.
• The entire property is tiled and air-conditioned, offering low-maintenance tropical living.
• Separate laundries service each residence for added convenience.
• Each residence is individually metered, enhancing flexibility and convenience.
• Ideal for dual occupancy, multigenerational living, or investment purposes.
• Strong rental appeal with excellent income potential.
• Currently generating rental income of $650 per week until July 2026.

The property is perfectly positioned just moments from Cairns International and Domestic Airports, Cairns CBD, the Esplanade, and the Hospital precinct. It also offers convenient access to both the Northern Beaches and the southern corridor of Cairns. Surrounded by local parks, walking tracks, schools, shopping facilities, and lifestyle attractions, this is a unique opportunity to secure a versatile property in one of Cairns' most well-connected suburbs.

Prospective buyers are encouraged to register their interest and arrange inspections to fully appreciate the flexibility and potential this property offers.

Disclaimer:
All information provided is gathered from sources believed to be reliable. Every effort has been made to ensure accuracy; however, no responsibility is accepted for any errors or omissions. Buyers should conduct their own inquiries to verify the details.