7 Sandown Cl

Woree QLD 4868

984 m²

Block of units

Currently for sale - view listing

Overview

A Rare Opportunity to Secure Four Units on One Title

An outstanding opportunity to secure a block of four spacious two-bedroom units on a generous 984m² allotment, offering immediate income and exceptional long-term growth potential. Positioned in a quiet cul-de-sac just minutes from Cairns CBD, major shopping centres, schools, public transport and essential amenities, 7 Sandown Close is the type of tightly held investment rarely offered to the market. Whether you're looking to diversify your portfolio, secure four established income streams, or capitalise on future rental growth, this is an investment opportunity that ticks all the right boxes. Each residence offers a practical two-bedroom layout with generous living spaces, private fenced courtyards and undercover parking, appealing to long-term tenants and helping to minimise vacancy. Unit 4 has also been tastefully renovated, providing an excellent benchmark for future improvements across the remaining units, should the next owner choose. With no body corporate fees, a near-new roof already completed and a history of strong occupancy, this is a genuine income-producing asset with significant long-term appeal. Property Highlights: • Four spacious 2-bedroom units on one title • Generous 984m² fenced allotment • Private fenced courtyards for each unit • Covered parking for every residence • Dedicated laundry for every unit with ample storage • Renovated Unit 4 • Near-new roof across the complex • No body corporate fees • Proven long-term rental appeal • Scope for future rental growth through further renovations (STCA) • Convenient location close to shopping, schools, public transport, Cairns CBD and major employment hubs • Investment Snapshot • 4 x Two-bedroom, One-bathroom units Strong Income Profile: • Unit 1: Currently achieving $360.00 per week until October 2026 • Unit 2: Currently achieving $410.00 per week until April 2027 • Unit 3: Currently achieving $410.00 per week until March 2027 • Unit 4: Currently Vacant - Rental Appraisal - $490.00 - $520.00 per week Investment opportunities offering four income streams on a single title are becoming increasingly difficult to secure. Combining immediate cash flow, low ongoing holding costs and future upside, 7 Sandown Close presents an exceptional opportunity for astute investors looking to secure a quality residential asset in one of Cairns' most consistently performing rental markets. Contact 'The Ray Murphy Team' today to register your interest! Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.