Currently owner occupied, the apartment has a long-term rental appraisal of approximately $550 per week, representing a gross return exceeding 7% at the asking price. Whether you're buying to live in or invest, the numbers stack up just as well as the lifestyle.
Adding further confidence for investors, Cairns continues to benefit from significant public and private investment as the region prepares for its role as a host city for the 2032 Brisbane Olympic and Paralympic Games. Investment in transport, tourism, sporting infrastructure and community facilities is expected to support the city's long-term growth and appeal.
Positioned within the secure Coral Reef Resort, this immaculately presented ground-floor apartment proves you don't need a premium budget to enjoy a premium lifestyle. Offered fully furnished and ready for immediate enjoyment, it represents exceptional buying for first-home buyers, downsizers, owner-occupiers and investors alike.
Privately positioned at the rear of the complex, this renovated apartment enjoys peace and privacy while remaining just 500 meters from DFO Cairns and only minutes from the CBD, shopping centres, sporting facilities and everything that makes Westcourt one of Cairns' most convenient places to live.
Secure gated vehicle and pedestrian entry welcomes you into a well-maintained complex surrounded by established tropical gardens, complete with designated undercover parking and a shaded in-ground swimming pool. Whether you're searching for your first home, looking to downsize or seeking a low-maintenance investment with strong rental appeal, Apartment 20 represents exceptional value in today's market.
Features include:
- Modern kitchen with composite stone benchtops, electric cooking, glass splashbacks, microwave nook and excellent storage
- Open plan living and dining flowing directly onto the undercover patio
- Two generous bedrooms with built-in wardrobes
- Bathroom with walk-in shower, mirrored shaving cabinet and integrated laundry with washing machine/dryer combination
- Quality vinyl flooring throughout for modern, low-maintenance living
- Fujitsu split system air-conditioning and security screens throughout
- Undercover patio overlooking established tropical gardens, the perfect place to enjoy your morning coffee or unwind after work
- Designated undercover car accommodation plus additional guest parking
Additional Information:
- Offered fully furnished with a comprehensive inventory list available
- Long term rental appraisal of approximately $550 per week
- Onsite holiday letting management also available
- Body Corporate: $4,615 per annum, reduced to $4,154 when paid on or before the due date
- Healthy sinking fund balance of $78,734.69 (as at 08/06/2026)
- Council Rates: Approximately $3,300 per annum
- Coral Reef Resort was built in 1988 and comprises just 26 one and two-bedroom residences surrounded by established tropical gardens
- Apartment 20 offers approximately 56sqm of internal living
Location is everything and this property certainly delivers. DFO Cairns is just 500 metres away, Cairns Central Shopping Centre is approximately 3.4km away and the Cairns Esplanade Lagoon is only 5km from your doorstep.
A short 650-metre stroll will have you at Cazaly's, home of AFL Cairns, where you can meet, drink, eat and play.
Located within the Balaclava State School and Trinity Bay State High School catchments and approximately 8km from Cairns International and Domestic Airports, everything you need is within easy reach.
Whether you're looking to enter the market, downsize without compromise or secure a quality property in one of Cairns' most convenient locations, this apartment represents outstanding value and a lifestyle that's becoming increasingly difficult to buy at this price point.
Don't miss your chance to inspect, call David Hall on 0491 332 700 today.
