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Overview
Situated on the fifth floor, this excellently positioned one-bedroom unit offers panoramic views over the Cairns Central Business District skyline, the lush rainforest-covered mountains, and the tranquil waters of Trinity Inlet. These spectacular views continuously evolve throughout the day and provide a unique and invaluable living experience.
The property is currently tenanted until March 2027, generating a rental income of $620 per week. This presents a prime investment opportunity with immediate rental returns and low maintenance requirements, making it an ideal addition to an investment portfolio.
The apartment's interior features a practical and low-maintenance layout designed for effortless living. With a reliable tenant already secured, investors can take ownership without any interruption or downtime.
The balcony invites residents to enjoy the inlet views by day and the city lights and mountain silhouettes by night, truly capturing the essence of the Marlin Parade lifestyle. Furthermore, residents have access to resort-style amenities including a gym and sauna, providing excellent options for relaxation and fitness.
Key property advantages include convenient lift access ensuring easy and secure entry, internal laundry facilities, and close proximity to local attractions such as the Cairns Esplanade, the central dining precinct, and the waterfront.
- Lift access for secure and easy entry
- Internal laundry facilities
- Full access to resort-style amenities including a gym and sauna
- Walking distance to Cairns Esplanade, CBD dining, and the waterfront
The apartment is also equipped with ducted cooling and air conditioning systems enhancing comfort for residents throughout the year.
This property represents an excellent opportunity for those looking for a secure, turn-key investment or a premium lifestyle apartment in an elevated inner-city location boasting sweeping city, mountain, and inlet views.
Local Market Insights
In Cairns City, Quiet Listings observed 9 new units entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $530,889. The property type mix of listed properties is predominantly Houses at 54%, followed by apartments (19%), and units (11%). Ray White was the most active agency in this area, representing 69.5% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Cairns City QLD 4870
Market Insights for Cairns City QLD 4870
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