9 Mimosa Street

Holloways Beach QLD 4878

1325 m²

Block of units

Currently for sale - view listing

Overview

Rare Investment Opportunity Block of 5 Units

DISTINCT A truly rare chance to secure an entire complex of five well-maintained units in the highly sought-after Holloways Beach. Constructed of solid clay brick, the complex comprises two spacious 2-bedroom units and three generous 1-bedroom units, all tiled throughout and presented in excellent condition. Meticulously cared for and fully tenanted with long-term tenants, this is a ready-made investment delivering strong, reliable returns from day one. Set in a quiet street just moments from shops, cafés, public transport, and the beach, the location ensures ongoing tenant appeal and long-term growth. Opportunities of this calibre are seldom available, secure a premium beachside investment in one of Cairns' most tightly held suburbs. THE FACTS * Entire block of 5 units: 2 x 2 bedrooms and 3 x 1 bedrooms * Solid clay brick construction * Tiled throughout * Generous floor plans * Well-maintained complex * New roof sheets approximately 3 years ago * Fully tenanted with long-term tenants * Communal laundry coin operated washing machine * Additional storage / utility room * 5.5kw solar connected to communal meter * Bore water connected and rain water tanks * Quiet location close to all amenities and walking distance approx 750m beach * Build Year: 1980 Approx. * Rates: Approx. $16,600 / year * Unit 1 Currently rented: $420 / week * Unit 2 Currently rented: $420 / week * Unit 3 Currently rented: $380 / week * Unit 4 Currently rented: $380 / week * Unit 5 Currently rented: $420 / week These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the property's potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs. Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.