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Back 24/35 Louie Piccone Way
Off Market

24/35 Louie Piccone Way

Edmonton QLD 4869

1
1
1
29 sq.
41 sq.
Studio
Last sold for $218,500
Tate RobinsonTate Robinson, last sold this property on 28 June 2026 after 0 days on market.

Overview

Low-Maintenance Investment with Strong Returns

Positioned within the well-known Gateway Lodge Apartments, this low-maintenance studio presents an excellent opportunity for investors seeking immediate returns and future growth. The property offers a practical and functional layout, complete with its own undercover carport directly beneath the unit. Inside, the studio has been refreshed throughout, featuring an updated kitchen, air-conditioning, and washing machine taps for added convenience. Currently tenanted at $320 per week , the property provides instant income, with strong future rental potential estimated between $380-$400 per week. Residents of the complex enjoy access to an in-ground swimming pool, along with an onsite coin-operated laundry. The location is highly convenient, just moments from local shops including IGA, childcare facilities, and positioned on a bus route with direct access to the Cairns CBD. - Studio apartment with 1 bedroom / 1 bathroom - Undercover carport positioned beneath the unit - Updated kitchen and refreshed interiors - Air-conditioned for year-round comfort - Washing machine taps within the unit - In-ground swimming pool within the complex - Onsite coin-operated laundry - Close to shops, childcare and public transport - Current Rent: $320 per week - Rental Potential: $380-$400 per week - Body Corporate Fees: approx. $935 per quarter - Council Rates: approx. $3,200-$3,300 per annum With low maintenance, solid returns, and upside potential, this is the ideal set-and-forget investment.

Features

1 bedroom
1 bathroom
1 carspace
29 sq. floor area
41 sq. lot size
Studio

Estimated Value

We need at least 3 similar 1 bedroom studios sold in Edmonton over the last 12 months.

Property history for 24/35 Louie Piccone Way

2026
Sold
$218,500
Private Sale/Treaty on 28 Jun 2026 by Tate Robinson, of One Agency Northern Beaches Cairns
2026
Sold
$216,500
02 Jun 2026 by Sam Holt, of One Stop Property

Happy sellers in Edmonton

94%
94% of sellers in Edmonton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 39 reviews in Edmonton over the last 12 months.

Local market activity for 1 bedroom studios in Edmonton

Nearby agents

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Therese Plath

Sellers who recommend Therese Plath have praised them for being clear communication, local expert, friendly, responsive, supportive, reliable and dedicated

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Tate Robinson

Tate Robinson is a recommended agent for Edmonton.  They have 12 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (12 reviews)
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Ben van Dugteren

Ben van Dugteren is a recommended agent for Edmonton.  They have 5 local sales and collected 6 local reviews across the last 12 months.

  •   5   (50 reviews)
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Daniel Roser

Daniel Roser is a recommended agent for Edmonton.  They have 6 local sales and collected 4 local reviews across the last 12 months.

  •   5   (174 reviews)
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