Proven Holiday Let Performer in the Heart of Cairns North

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147-155 Mcleod Street, Cairns North QLD 4870

Offers Over $299,000

Search Band Search Visibility Band

$250k - $275k High Confidence Calculated based on strong search observations.

Unit 2 Beds 1 Bath 1 Car 86 m²

Listed: 7th Aug 2026

Updated: 15 days ago

Overview

This fully furnished two-bedroom unit offers an excellent investment or holiday accommodation opportunity in the heart of Cairns North, a premier destination for visitors and professionals alike. Nestled within a professionally managed complex, the property benefits from resort-style amenities and dedicated onsite management, ensuring smooth operation and upkeep.

The apartment is designed to maximize natural light and practicality, offering spacious living areas that enhance comfort and flexibility for occupants or guests. The secure complex also includes a covered carport, providing convenience and peace of mind for residents and visitors.

Positioned just moments from key locations such as Cairns CBD, the Esplanade, Airport, and Hospital precinct, this property combines desirable urban accessibility with a quiet, holiday-friendly environment. The established rental history and consistent holiday letting performance underpin the strong income potential, backed by steady tourism and corporate guest demand.

This unit is an appealing option for investors seeking positive cash flow with minimal hassle, as well as for those looking to enjoy a reliable holiday home with income-producing capabilities between stays. The low-maintenance nature and fully furnished status enable immediate occupancy or letting from day one.

Impressive holiday letting returns supported by excellent occupancy rates
Fully furnished for a turnkey investment or ready-to-enjoy getaway
Practical layout emphasizing light and space
Secure parking within a managed, resort-style complex
Convenient proximity to Cairns' major hubs and attractions

Opportunities like this, offering a balance of lifestyle and investment in Tropical North Queensland’s vibrant market, are increasingly rare, making this a notable prospect for discerning buyers.

Local Market Insights

In Cairns North, Quiet Listings observed 45 new units entering the market over the last 30 days, up from 25 during the previous 30-day period, with an average advertised asking price of $460,444. The property type mix of listed properties is predominantly Houses at 47%, followed by units (26%), and apartments (18%). The most active agency for units in the Cairns North area is currently Ray White, representing 31% of new listings, followed by Twomey Schriber Property Group with 29%. 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.