Back 21/186 McLeod St
Off Market

21/186 McLeod St

Cairns North QLD 4870

2
2
1
89 m²
Unit
Last sold for $435,000
Alesha WilsonAlesha Wilson, last sold this property on 01 March 2026 after 41 days on market.

Overview

Dual-Key in Cairns North - income flexibility + location + scarcity

Opportunities like this are tightly held - a dual-key apartment in the heart of Cairns North, delivering flexibility, strong demand and immediate income appeal with phenomenal returns. Held on one title, this smartly configured property offers two residences, making it ideal for investors, SMSF buyers or owner occupiers wanting to offset their mortgage. Whether leased separately, lived in while renting the other, or held as a long-term growth asset, the options here are compelling. Positioned in one of Cairns' most consistent rental locations, the property sits just minutes from the CBD, hospital precinct, Esplanade and transport links, ensuring ongoing demand from professionals, tenants either long or short term. This property is being offered with a clear instruction to sell. Inspections will be limited, and interest is expected to be strong given the scarcity of dual-key stock and rental return in Cairns North. This is not a listing that will linger - buyers ready to act will be rewarded. **Limited inspection opportunities** Body Corporate: Approx $11,400pa Rental Income: Approx $850pw Rates: Approx $3,200pa Please enquire to receive a copy of the following documents: Property Summary Sellers Disclosure Buyers Guide Rental Appraisal EGM & AGM Minutes Offer Form If you're searching for a strategic addition to your portfolio, this is a value-packed opportunity in a central position close to Cairns CBD. **Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavor to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
89 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Cairns North over the last 12 months, the estimated median property value of 21/186 McLeod St is $445k.

Median value
$445k
Estimated value range
$235k - $810k
Median days on market
33
Estimated value trend
24%
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 21/186 McLeod St

2026
Sold
$435,000
01 Mar 2026 by Alesha Wilson, of Ray White Cairns
2024
Sold
$315,000
Private Sale/Treaty on 13 Aug 2024 by Alesha Wilson, of DJ Smith Property

Happy sellers in Cairns North

96%
96% 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 49 reviews in Cairns North over the last 12 months.

Local market activity for 2 bedroom units in Cairns North

In the last 12 months, 59 two-bedroom units similar to 21/186 McLeod St, have been sold.

This represents a 10% increase in two-bedroom units sales when compared to the previous 12 months.

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