Back 39 Sondrio Street
Off Market

39 Sondrio Street

Woree QLD 4868

8
4
4
728 m²
Block of units
Last sold for $1,530,000
Karl LathamKarl Latham, last sold this property on 20 April 2026 after 46 days on market.

Overview

Full Unit Block - Solid Returns. Government Backed Lease. Zero Vacancy. Zero Fees.

Astute investors, this is the definition of set and forget. A fully renovated block of 4 x 2 bedroom units on one title with no body corporate fees and a government-backed lease delivering an immediate $104,000 per annum guaranteed. No vacancy. No rental arrears. No management fees. 100% income certainty. Future lease extensions favoured. Solidly constructed in 1980 with concrete and masonry block throughout, suspended concrete slab second storey, concrete staircases and steel balustrades - this is a robust, low maintenance, low-risk asset built to last. Recently stripped back to bare concrete and completely redone from shell: -New plumbing, electrical, meter boxes and appliances -New kitchens and bathrooms -New flooring, lights, fans and air conditioning -Fresh paint internally and externally -Four separate water meters -All new fittings air cons and appliances have full warranty -Nothing left to do or spend but reap the returns Each unit offers: 2 bedrooms | 1 bathroom | open plan living | fully air conditioned | carport Total: 4 separate units renting at $500/wk each 8 bedrooms | 4 bathrooms | 4 carports Low-maintenance 728sqm block Located in one of North Queensland's highest performing investment suburbs; Woree with 134.3% median growth in the last 5 years!! This unit block is conveniently positioned within walking distance to schools, shops, medical and transport. Just 5.5km to Cairns CBD. Not in a flood zone or bushfire zone. Tax depreciation returns estimated in the range of $10,000 - $15,000 for the first year alone. Strong yield. Guaranteed income. Bulletproof construction. Opportunities like this are rare. Act quickly. All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Features

8 bedrooms
4 bathrooms
4 carspaces
4 carport spaces
728 m² lot size
Block of units

Estimated Value

We need at least 3 similar 8 bedroom block of units sold in Woree over the last 12 months.

Property history for 39 Sondrio Street

2026
Sold
$1,530,000
20 Apr 2026 by Karl Latham, of Twomey Schriber Property Group
2025
Sold
$716,000
06 Aug 2025 by Giles Lort-Phillips, of Twomey Schriber Property Group

Happy sellers in Woree

98%
98% of sellers in Woree reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 14 reviews in Woree over the last 12 months.

Local market activity for 8 bedroom block of units in Woree

In the last 12 months, 1 eight-bedroom block of units similar to 39 Sondrio Street, have been sold.

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