18 Upward Street

Cairns North QLD 4870

506 m²

House

Currently for sale - view listing

Overview

Tourist Accommodation Zoning with Exceptional Development Potential

For Tender Closes 24.8.2026 @ 5.00 pm - Serious Offers Considered Prior to closing date. Positioned in one of Cairns North's most strategically located pockets, this 506 sqm property presents an exceptional opportunity for developers, investors and land bankers alike. Zoned for Tourist Accommodation and situated directly beside and in front of medical facilities, with major hospitals and healthcare services just moments away, the location offers outstanding potential for future redevelopment (Subject to Council approval). Whether you're looking to capitalise on the area's growing demand for medical related accommodation, short stay lodging or explore other development possibilities, this is a rare opportunity to secure a site in a highly sought after precinct. In the meantime, the existing solid home provides immediate holding income. The residence offers: • Three bedrooms, two with built-in robes • Modern main bathroom • Open plan living and dining area • Timber look vinyl flooring throughout • Conjoined carport, storage room and laundry • Flexible additional space ideal as a second living area, home office or studio • Large covered outdoor patio and garden shed Currently leased until 23 February 2027 at $600 per week, the property delivers a secure rental return while plans for the future are explored. Opportunities combining favourable zoning, a premium medical precinct location and strong holding income are increasingly difficult to find. Secure this versatile property today and unlock its future potential. For more information or to express your interest, please contact the agents below. Robyn Hawley-Whitton | robyn@cpo.com.au | 0488 071 007 Ben Whitton | ben@cpo.com.au | 0409 343 474