Unlock a rare opportunity to secure two self-contained residences on a single freehold title in one of Cairns' most consistently performing suburbs. Whether you're an experienced investor or stepping into the market for the first time, this solid dual-income property offers excellent returns, minimal overheads, and exciting future potential.
Key features for each unit:
- Two generous bedrooms
- One well-appointed bathroom
- Open-plan living and dining zones
- Practical kitchens with ample storage
- Private entrances
- Dedicated undercover car accommodation
Set on a single title with no body corporate fees, this property is an ideal buy-and-hold opportunity. With both units currently tenanted and delivering a combined rental income of $608 per week ($31,616 p.a.), you'll enjoy reliable cash flow from day one.
Key Investment Highlights:
- Two x 2-bedroom units on one freehold title
- Consistent rental income
- No body corporate low outgoings
- Separately metered electricity
- Just 1.4 km to Stockland Shopping Centre
- Council rates approx. $2,961.50 p.a. (2024)
- Ideal for future redevelopment (STCA)
Current Rental Details:
Unit 1: $308/week (Lease expiring 04/2026) New rental appraisal $395-$425 a week.
Unit 2: $300/week (Lease expiring 01/2026) New rental appraisal $395-$425 a week.
Located in a high-demand rental pocket close to shops, schools, public transport, and amenities, this property is perfectly positioned for continued growth and strong tenant appeal.
Opportunities like this are few and far between. Whether you're looking for immediate passive income, a set-and-forget investment, or a potential redevelopment site in the future - 14 Swallow Street ticks all the boxes.
For more information or to arrange a private inspection, Call Matt Blackhurst on 0434 398 457.
