Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

45 Sheehy Road, White Rock QLD 4868

$625,000

Search Band Search Visibility Band

$625k - $656k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 801 m²

Listed: 22nd Aug 2026

Updated: 1 hour ago

Overview

Set within the growing and well-connected suburb of White Rock, this property at 45 Sheehy Road offers a unique proposition for investors, developers, and land bankers alike. The substantial land parcel of 801 square metres provides an attractive foundation for both immediate rental income and appealing future development opportunities.

Currently leased to a long-term tenant returning $595 per week, the home serves as a reliable investment with steady income. Beyond the immediate cash flow benefits, the site holds potential for subdivision, subject to Cairns Regional Council approval, allowing for possible creation of multiple allotments, unlocking land value and catering to diverse investment strategies.

The residence, built circa 1976, presents a comfortable living environment featuring three bedrooms, one bathroom, and parking for one vehicle. While modest, the dwelling suits tenants or occupiers valuing convenience and a significant landholding.

Location is a strong point of this property, offering close proximity to schools, shopping centres, and public transportation, while being only minutes from the Cairns Central Business District. This accessibility ensures ongoing demand from both owner-occupiers and tenants, heightening the site's appeal as a long-term asset.

Reliable rental income from a long-term tenant
Potential subdivision opportunity for added value (subject to council approval)
Generous land size with scope for future growth
Conveniently located near essential amenities and transport
Easy access to Cairns CBD enhancing lifestyle and investment appeal

This opportunity combines immediate investment returns with future development potential in a sought-after locality, ideal for those looking to build capital or secure a diversified portfolio within a progressing market.

Local Market Insights

In White Rock, Quiet Listings observed 46 new houses entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $739,913. The property type mix of listed properties is predominantly Houses at 87%, followed by units (5%), and townhouses (4%). The most active agency for houses in the White Rock area is currently Walker Real Estate, representing 17% of new listings, followed by Ray White with 15%. 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.