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28/108 Mayers St

Manunda QLD 4870

1
1
1
Unit
Currently for sale - view listing

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

Property history for 28/108 Mayers St

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
2022
Sold
$150,000
14 Mar 2022 by Jo Clayton, of LJ Hooker Cairns Beaches

Happy sellers in Manunda

96%
96% 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 22 reviews in Manunda over the last 12 months.

Local market activity for 1 bedroom units in Manunda

In the last 12 months, 14 one-bedroom units similar to 28/108 Mayers St, have been sold.

This represents a 35% increase in one-bedroom units sales when compared to the previous 12 months.

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