Thumbnail 1
Thumbnail 2
Thumbnail 3
Thumbnail 4
Thumbnail 5
Thumbnail 6
Thumbnail 7
Thumbnail 8
Thumbnail 9
Thumbnail 10
Thumbnail 11
Thumbnail 12
Thumbnail 13
Thumbnail 14
Thumbnail 15
Thumbnail 16

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

Lot 1/63783 Bruce Highway, Mourilyan QLD 4858

Offers Over $440,000

Duplex 4 Beds 2 Baths 2 Cars 3046 m²
Listed: 2 days ago
Property buying support

What are you buying for?

What are you buying for?

Choose the option that best describes your search.

Overview

This investment-focused duplex is located on a sizable 3,046 sqm (approximately 0.75 acres) land parcel along the Bruce Highway in Mourilyan, offering excellent potential for savvy investors or owner-occupiers seeking versatile living arrangements.

The property comprises two semi-detached units, each featuring two bedrooms and a single lock-up garage, making them ideal for both rental income or dual-family occupancy. The solid block construction throughout, including internal walls—a rarity in newer builds—ensures robust and enduring structure, while the original Johnstone River hardwood flooring beneath the current linoleum presents an attractive restoration opportunity for adding character and intrinsic value.

With a conservative rental estimate of $700 per week, the property promises an estimated gross return of around 8%, appealing strongly to investment buyers looking for reliable income potential in a high-demand area. Furthermore, the substantial block size provides ample outdoor space for potential enhancements or recreational use.

This duplex is suitable for those preferring long-term holds with value-adding renovation opportunities or those requiring accommodation flexibility, such as living in one unit and leasing the other. The property’s configuration and land size deliver versatility and functionality that can cater to various lifestyle and investment strategies.

Local Market Insights

In Cairns, Quiet Listings observed 13 new duplexes entering the market over the last 30 days, up from 2 during the previous 30-day period, with an average advertised asking price of $670,154. The property type mix of listed properties is predominantly Houses at 64%, followed by units (12%), and land (9%). The most active agency for duplexes in the Cairns area is currently Ray White, representing 23% of new listings, followed by Twomey Schriber Property Group 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.

Location
Market Insights for Mourilyan QLD 4858
New Listings (last 30 days)
13
Average price
$670,154
Lowest price
$425,000
Highest price
$990,000
Other properties in this postcode