Positioned within a secure, gated complex, this tidy first-floor studio presents an excellent opportunity for investors seeking a low-maintenance, set-and-forget asset with reliable income and future rental growth.
Currently tenanted at $230 per week until 26 May 2026, the property delivers immediate returns while offering clear upside potential once the lease expires. With an affordable entry point and strong tenant appeal, this is a smart addition to any investment portfolio.
The studio layout is practical and well maintained, featuring air conditioning, a built-in robe, and security screens for added comfort and peace of mind. The bathroom is neat and functional, and the unit enjoys access to well-kept communal facilities within the complex.
Residents benefit from a large in-ground swimming pool and onsite coin-operated laundry, enhancing tenant convenience and long-term appeal. The location further strengthens the investment case, with easy access to shopping, services, and public transport.
Property Features:
- First-floor studio unit in a secure, gated complex
- Air-conditioned studio with built-in robe
- Security screens for added peace of mind
- Neat and functional bathroom
- Large in-ground swimming pool within the complex
- Onsite coin-operated laundry
- Strong rental upside at lease expiry
- Positioned on a main bus route
- Close to shopping, childcare centers, aged care services and a popular gym
- Video walkthrough available on request
Investment Snapshot:
- Current Rent: $230 per week until 26/05/2026
- Future Rental Potential: Approx. $300 - $320 per week
- Body Corporate Fees: Approx. $2,800.00 per annum (2025 financial year)
- Council Rates: Approx. $3,300 per annum
Offering immediate income, minimal maintenance, and long-term growth potential, this property represents outstanding value for investors, SMSF buyers, and those looking to enter the Cairns market at an affordable level.
