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Overview
Located in the coastal suburb of Yorkeys Knob, this well-positioned townhouse offers notable lifestyle and investment flexibility. Perfect for those seeking a low-maintenance home or an astute addition to their investment portfolio, the property is currently leased at $480 per week with a tenancy in place until November 2026, providing immediate and stable rental income.
The townhouse benefits from a desirable location that complements relaxed coastal living. Easy access to the nearby beach, marina, golf course, and local cafes enriches the lifestyle appeal, while proximity to the broader Northern Beaches and Cairns ensures connectivity without sacrificing tranquility.
Investors will appreciate the potential for rental growth demonstrated by a recent rental appraisal, allowing the possibility to revisit and optimize investment returns over time. Owner-occupiers looking ahead can secure the property now while planning their future move, or alternatively, enjoy the benefit of established tenancy if they prefer to defer their relocation.
The property features two bedrooms, a bathroom, and a single carport space, ensuring practical accommodation for small families, couples, or investors focusing on tenant demand in the area. Its manageable land size of 87 square metres and low-maintenance design further enhance its attractiveness for those prioritizing convenience and ease of upkeep.
- Current lease at $480 per week provides immediate rental income
- Tenancy secured until November 2026 offering stability
- Opportunity for potential rental growth in a sought-after coastal suburb
- Low-maintenance lifestyle with essential amenities nearby
- Convenient single carport space adds to property utility
Annual costs include body corporate fees of approximately $5,000 and council rates around $3,300, aligning with expectations for this type of property. This townhouse represents a sound choice for buyers aiming to invest in one of Cairns' most popular coastal communities or to establish a future residence with a comfortable lead time.
Local Market Insights
In Yorkeys Knob, Quiet Listings observed 3 new townhouses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $500,000. The property type mix of listed properties is predominantly Houses at 53%, followed by land (17%), and units (10%). The most active agency for townhouses in the Yorkeys Knob area is currently Ray White, representing 67% of new listings, followed by LJ Hooker 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.
Location
Yorkeys Knob QLD 4878
