Back 28/108 Mayers St
Off Market

28/108 Mayers St

Manunda QLD 4870

1
1
1
Unit
Last sold for $315,000
Leanne SmithLeanne Smith, last sold this property on 26 April 2026 after 23 days on market.

Overview

High-Yield Investment in a Proven Rental Pocket

If you’re chasing a low-entry, high-return investment in a consistently performing suburb, this loft-style apartment in Manunda deserves your attention. Set within a complex of 28, this property is purpose-built for strong rental appeal—offering a practical layout, low upkeep, and features that tenants actively seek. Downstairs delivers open plan living flowing to a private patio, while the loft-style bedroom upstairs creates separation and maximises usable space—an attractive point of difference in the unit market. Investor Highlights: • Strong rental demand location with consistent occupancy • Low-maintenance design = reduced ongoing costs • Functional layout appealing to singles and couples • Air-conditioning and security screens for tenant comfort • Allocated undercover carport for added convenience • Complex includes swimming pool – lifestyle appeal without upkeep Positioned just minutes from Edge Hill, the Cairns CBD, shopping centres, schools, and public transport, this is a location that continues to attract quality tenants and supports long-term capital growth. This is the type of asset that quietly performs—steady rental income, minimal fuss, and a price point that makes sense in today’s market. An ideal addition to any portfolio or a smart first step into property investment. • Current Tenancy Details: • Lease Expires: 17th July 2026 • Current Rent: $395pw (potential to increase at the end of the lease) • Rates: Approx $3266.90pa • Body Corp: Approx $4400pa Inspections: As advertised - private inspections WILL NOT be conducted before the First Open on the 11th April. Contact Leanne Smith for more details 0405 150 999

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
Unit

Estimated Value

Based on this property and similar 1 bedroom units sold in Manunda over the last 12 months, the estimated median property value of 28/108 Mayers St is $297.5k.

Median value
$297.5k
Estimated value range
$175k - $443k
Median days on market
27
Estimated value trend
36%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Manunda. 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 28/108 Mayers St

2026
Sold
$315,000
26 Apr 2026 by Leanne Smith, of Property Shop Cairns
2024
Rented
Undisclosed
Leased on 16 Jul 2024 by LJ Hooker Cairns Beaches
2024
Rented
Undisclosed
Leased on 16 Jul 2024 by LJ Hooker Cairns Beaches

Happy sellers in Manunda

95%
95% of sellers in Manunda reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 19 reviews in Manunda over the last 12 months.

Local market activity for 1 bedroom units in Manunda

In the last 12 months, 15 one-bedroom units similar to 28/108 Mayers St, have been sold.

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

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