Located within a contemporary and private, secure gated complex, this exclusive property listing presents an unparalleled investment opportunity. Comprising three adjacent lots to be purchased together, with a total land size of 734m2, you can be promised lucrative returns and substantial potential for growth once built into the proposed two and three-bedroom villas.
CitiEdge is a pet-friendly complex with a predominantly owner-occupied community and is the perfect investment in your property journey. Located just 7.4 km from the city centre of Cairns, all the main liveability and lifestyle qualities we seek in a home and suburb are right at your doorstep with amazing convenience. CitiEdge provides quick access to schools, shopping centres, hospital and medical support services, daycare, and sporting and recreational facilities.
To maintain the highest possible quality and standards within the complex, you will be required to build 3 separate villas on the blocks that are of a similar size and layout as the existing villas onsite. (Development Plans available - please enquire for more information). Consisting of 45 villas currently, your pod will bring the complex total to 48, with a shared pool. Once purchased, you can begin development on the land with an estimated completion time of 9-12 months. To build the 3 villas, the construction costs to the same standard and inclusions as the other villas in CitiEdge, are estimated to be $858,865.12 including GST.
Lots 27 and 29
- Proposed configuration: 3 Bedroom, 2 Bathroom Villa
- Weekly Rental Potential: $580 each
Lot 28
- Proposed configuration: 2 Bedroom, 2 Bathroom Villa
- Weekly Rental Potential: $530
The combined proposed rental income from all three lots amounts to an impressive $1,690 per week (projection based on June 2025).
Body Corporate: Approx $3,010 per villa, per annum
Council Rates: Approx $2,650 per villa, per annum
Construction costs to the same standard and inclusions as the other villas in CitiEdge: $858,865.12 including GST. For more information, enquire with Agent.
This offering requires the purchase of all three lots within the gated complex to capitalise on the full potential of this investment opportunity. Don't miss out on this exceptional chance to secure your future in one of the most promising investment destinations in Cairns.
