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Overview
This unique property located in a peaceful section of Woree comprises a full duplex on one title, presenting a rare prospect that carries considerable flexibility and potential. With a total of four bedrooms spread evenly between two self-contained residences, this property offers an adaptable living arrangement that can effectively cater to extended families or serve as a solid income-generating investment opportunity.
Each unit thoughtfully features two well-sized bedrooms including an oversized master, open-plan living and dining zones that foster a sense of connection and spaciousness, and practical kitchens offering functional spaces for meal preparation. The separation of bathroom and toilet fixtures, along with external laundries, further contributes to the convenience and privacy for the respective households.
Outdoor areas are individually private, with the first unit boasting a large garden shed which adds to the property's utility and storage capacity, an advantage for hobbyists or those requiring extra space. A covered carport allocated per unit facilitates off-street parking and protection for vehicles.
Positioned within easy reach of schools, shopping centres, public transport, and other major amenities, the location enhances the daily lifestyle by combining tranquility with convenience. This aspect appeals especially to residents valuing accessibility without compromising on quiet surroundings.
The property’s construction dating back to approximately 1980 has been maintained to present solid options for buyers who seek a dual-living setup or investors looking to capitalize on established lease agreements currently in place. With rates around $6,942 per year and competitive rental incomes secured for both units, it's an asset with immediate yield and long-term asset growth prospects.
Overall, the duplex presents a thoughtfully laid out and versatile residence appealing to diverse buyer groups: investors prioritizing rental return, families needing versatile accommodation solutions, or buyers motivated by dual occupancy possibilities and privacy within a single title.
Local Market Insights
In Cairns, Quiet Listings observed 6 new duplexes entering the market over the last 30 days, down from 7 during the previous 30-day period, with an average advertised asking price of $705,000. The property type mix of listed properties is predominantly Houses at 63%, followed by units (13%), and apartments (9%). The most active agency for duplexes in the Cairns area is currently McGrath Estate Agents, representing 33% of new listings, followed by Ray White with 33%. 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.
Change History
| Headline | When |
|---|---|
| Buyers In The $800,000's | |
| Contact For Price |