9/553 Mulgrave Rd

Earlville QLD 4870

60 m²

Unit

Currently for sale - view listing

Overview

Offers Over $299,000 | Affordable Entry. Secure Income. Outstanding Long-Term Potential.

Property at this price point are becoming increasingly difficult to secure, particularly in one of Cairns' most convenient and consistently sought-after suburbs. Whether you're looking to start your investment journey or expand your portfolio, this is the type of property that makes sound financial sense. Currently leased at $385 per week until June 2027, this ground-floor apartment offers immediate, reliable rental income from settlement, allowing you to invest with confidence while benefiting from a quality tenant already in place. Positioned within walking distance of Stockland Earlville Shopping Centre, schools, medical facilities, public transport and only minutes from the Cairns CBD, the location continues to attract strong tenant demand and provides the fundamentals investors seek for long-term capital appreciation. Inside, the apartment offers two generous air-conditioned bedrooms, an open-plan living and dining area, a practical kitchen and a private fenced courtyard, creating an appealing home for tenants who value space, privacy and convenience. Investment Highlights • New Price - Offers Over $299,000 • Currently returning $385p/w • Fixed lease in place until June 2027 • Strong tenant appeal in a high-demand rental location • Ground-floor position with private courtyard • Walking distance to Stockland Earlville Shopping Centre • Minutes to the Cairns CBD, hospitals and major amenities • An affordable entry into a suburb with proven long-term demand and excellent growth fundamentals. Whether you're searching for your first investment or another quality addition to your portfolio, this is an opportunity to secure a well-positioned asset with immediate income and excellent prospects for future growth. Do the numbers...this one stacks up!!!! At Offers Over $299,000, opportunities like this are becoming increasingly rare!