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10/324-328 Sheridan Street

Cairns North QLD 4870

2
1
1
52 m²
Unit
Currently for sale - view listing

Overview

Set and Forget. The Tenant Is Already There.

Welcome to Unit 10 at Makaira Lodge Cairns North. This is a well-presented investment with a tenant secured until 16 April 2027. The modern updated unit offers two bedrooms, one bathroom plus some handy extras including a dishwasher, washing machine and dryer. The kitchen, dining and living area gives you a practical space to live in. Both bedrooms are a good size with a built-in wardrobe in the primary. There's a single car space right outside the unit. It’s already set up and working well as an investment. The big bonus here is that you don't need to find a tenant before you start receiving rent. The property is tenanted until April 2027, with a good rental return. For investors wanting something simple and straightforward, this one is worth a look. Property Features: - Two bedrooms, one bathroom - One car space - Split system in all rooms - Modern, well-presented interior - Built-in robe in primary - Dishwasher - Washing machine included - Dryer included Complex Features: - Central location along Sheridan and Smith Street - Easy walk to Dunwoody's, Hungry Jack's, Esplanade and Tobruk Pool - Close to Cairns Hospital and JCU Campus Key Figures: - Body Corporate = $3,833.33 per annum - Council Rates = approx. $3,500 per annum - Current rent = $499 per week - Currently tenanted until April 2027 Contact Ian Nathan on 0405 845 535 to arrange an inspection. DISCLAIMER: We believe this information to be accurate and reliable, however we cannot guarantee its accuracy. Interested parties should make their own enquiries and rely on their own investigations before making any decisions. Virtual styling has been used in some images to help showcase the potential of the property. Furniture and décor shown are for illustration purposes only and may not reflect the property as it currently presents.

Features

2 bedrooms
1 bathroom
1 carspace
1 open car space
52 m² floor area
Unit

Property history for 10/324-328 Sheridan Street

2026
Rented
Undisclosed
Leased on 13 Mar 2026 by Cairns Property Office City
2021
Sold
$144,000
10 Jan 2021 by Rose Baker, of @realty - QLD

Happy sellers in Cairns North

97%
97% of sellers in Cairns North reported that their sale price either exceeded or met their price expectations.

Cairns North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 39 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom units in Cairns North

In the last 12 months, 55 two-bedroom units similar to 10/324-328 Sheridan Street, have been sold.

This represents a 17% increase in two-bedroom units sales when compared to the previous 12 months.

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