340 McLeod Street
CAIRNS NORTH Queensland 4870
Overview
Investor's Dream - High-Yield Cairns Quadplex in a Prime LocationAn exceptional opportunity to secure a tightly held quadplex in the heart of Cairns' inner city. Properties of this calibre and configuration are rarely offered, making this a standout addition to any savvy investor's portfolio. This complex is attracting more interest than almost any other asset class in the Cairns residential market due to:• Exceptionally high yield returns current returning $1,520 per week• Super low risk thanks to historically low vacancy rates• Low outgoings with no body corporate levies• Fully leased, generating immediate income• Strong upside potential with the opportunity for rental increasesLocation Highlights:• In the immediate vicinity of JCU University Hospital, Cairns Base Hospital, and Cairns Domestic & International Airport• Close to CBD, employment hubs, dining, transport, and lifestyle amenities• Ensures consistent rental demand and long-term growth potentialComplex Breakdown: 3 x One-Bedroom Fully Self-Contained Apartments• Modern kitchen• Bathroom• Laundry• Large Private patio1 x Three-Bedroom Fully Self-Contained Apartment• Spacious kitchen• Bathroom• Laundry• Private patioDelivering a versatile tenant mix and strong rental appeal, this income-producing asset offers the perfect blend of cash flow, flexibility, and future upside.Opportunities like this are scarce - inspect with confidence.
Location
340 McLeod StreetCAIRNS NORTH Queensland 4870 T
Market Insights for Cairns North Queensland 4870
Other properties in this postcode
Offer's Over $399,000.00
2 Severin Street, Parramatta Park QLD 4870
Offers Over $549,000
216a Fearnley Street, Parramatta Park QLD 4870
Off-Market Opportunity!!
25-27 Digger Street, Cairns North QLD 4870
