Back 16/184 McLeod Street
Off Market

16/184 McLeod Street

Cairns North QLD 4870

1
1
55 m²
0 m²
Unit
Freeman's Real EstateFreeman's Real Estate, last sold this property on 25 September 2025 after 134 days on market.

Overview

Fully Furnished Holiday Let in Prime Cairns Location – Ideal Investment

This is your chance to secure a low-maintenance investment opportunity - a fully furnished one-bedroom, one-bathroom apartment in the well-regarded Royal Palm Villas, just moments from the Cairns Esplanade and City Centre. Nestled in a boutique complex of only 16 apartments, this stylish unit is exclusively offered as a holiday let, professionally managed by Freemans Residential, offering good returns and stress-free ownership. Located just 500 meters from the iconic Cairns Esplanade and a 15-minute walk to the CBD, Royal Palm Villas offers the perfect combination of convenience, comfort, and tropical lifestyle appeal. The apartment features an open-plan living and dining area, a private balcony, air conditioning, and a fully equipped kitchen—everything needed for a comfortable short-term stay. Its character-filled interior and prime location ensure high occupancy and repeat guests. Property Features: •1 bedroom with Queen-size bed •1 bathroom •Private balcony •Fully furnished and self-contained •Air-conditioned, open plan living and dining area •Just 500m to the Cairns Esplanade, 15-minute walk to CBD •Located in a boutique complex of 16 holiday apartments •Holiday let only – managed by Freemans Residential Electricity included in Body corporate rates. Financials: Body Corporate: $8825.94 Rates: $3100 Holiday Let profit : $20660.82 24 to date. potential Nett income $27,000 p/y Whether expanding your investment portfolio or looking for a set-and-forget tropical escape, this apartment is a rare find. Contact us today for more information or to arrange a private inspection.

Features

1 bedroom
1 bathroom
55 m² floor area
0 m² lot size
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Cairns North over the last 12 months, the estimated median property value of 16/184 McLeod Street is $305k.

Median value
$305k
Estimated value range
$115k - $490k
Median days on market
31
Estimated value trend
20%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cairns North. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16/184 McLeod Street

2025
Sold
Undisclosed
25 Sep 2025 by Freeman's Real Estate, of Freemans Residential
2010
Sold
Undisclosed
Private Sale/Treaty on 17 Feb 2010

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 47 reviews in Cairns North over the last 12 months.

Local market activity for 1 bedroom units in Cairns North

In the last 12 months, 20 one-bedroom units similar to 16/184 McLeod Street, have been sold.

This represents a 14% increase in one-bedroom units sales when compared to the previous 12 months.

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