Back 2/473-479 McCoombe Street
Off Market

2/473-479 McCoombe Street

Mooroobool QLD 4870

2
1
2
64 m²
Unit
Last sold for $360,000
Ray MurphyRay Murphy, last sold this property on 22 December 2025 after 109 days on market.

Overview

Investor Opportunity - Strong Returns in a Prime City-Fringe Location

The Ray Murphy Team proudly presents this well-positioned two-bedroom villa within the well-maintained Palm Villas complex. Offering an excellent combination of solid rental income, low-maintenance living, and a highly convenient location, this property is a standout investment to either begin or expand your portfolio. Currently leased at an impressive $550 per week until July 2026, this villa provides immediate rental security and consistent returns, underpinned by low annual outgoings. This villa is sure to be in high demand. Act quickly to make it yours! Property Highlights: • Furnished Villa • Two bedrooms, master with built-in robe • One spacious bathroom • Functional kitchen with free-standing stove/oven • Open plan living and dining • Ceiling fans and security screens • Spacious, fenced courtyard - ideal for low-maintenance living • Single undercover carport at the front of the property • Sparkling in-ground swimming pool within the complex • Small, boutique complex of just 18 villas The Figures: Low Body Corporate Fees: $4,318.00 approx. p/a Council Rates: $3,000 approx. p/a Rental Income: Currently achieving $550.00 per week until July 2026 Mooroobool is a thriving city-fringe suburb offering residents quick and easy access to all major amenities. The property is within walking distance of the newly refurbished Raintrees Shopping Centre and public transport, and just a short drive to schools, sporting facilities, the Cairns CBD, and the iconic Esplanade. Its central position ensures strong ongoing demand from tenants, making this a secure and attractive investment. This property offers exceptional value! Don't delay, contact 'The Ray Murphy Team' today to register your interest! ** Note: A minimum of 48 hours' notice required due to tenancy! Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Features

2 bedrooms
1 bathroom
2 carspaces
1 carport space
1 garage space
64 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Mooroobool over the last 12 months, the estimated median property value of 2/473-479 McCoombe Street is $430k.

Median value
$430k
Estimated value range
$360k - $665k
Median days on market
41
Estimated value trend
37%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mooroobool. 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 2/473-479 McCoombe Street

2025
Sold
$360,000
22 Dec 2025 by Ray Murphy, of Ray White Cairns
2022
Sold
$220,000
27 Nov 2022 by Emma Craig, of Ray White Cairns
2022
Rented
Undisclosed
Leased on 22 Feb 2022 by Ray White Cairns

Happy sellers in Mooroobool

93%
93% of sellers in Mooroobool reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 29 reviews in Mooroobool over the last 12 months.

Local market activity for 2 bedroom units in Mooroobool

In the last 12 months, 10 two-bedroom units similar to 2/473-479 McCoombe Street, have been sold.

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