Situated just 6 kilometres from the Cairns City CBD, this exceptional property at 7 Holden Close, Whitfield, presents a marvellous investment opportunity. This renovated duplex features two units, each offering unique advantages for potential buyers. The external walls and roof have been completely repainted, enhancing the property's appeal and durability.
Council rates for 6 months to June 30 - $3,141
Current 12-month building insurance - $3,700
*** Submit your best and final offer by 5:00pm Friday July 24.
Unit 1, the front unit, has been meticulously updated with new laminated timber flooring, fresh paint, and modern amenities. Air-conditioned bedrooms, new ceiling fans, light fittings, and curtains ensure comfort and convenience. The separate laundry room behind the carport adds practicality to this well-appointed unit, which is currently vacant and ready for new tenants. Investors can expect a rent return in excess of $550 per week.
Unit 2, on the other hand, is tenanted by a long-term resident who has made it their home for many years. The current lease of $420 per week runs until 30 November 2026, providing a stable income stream. This unit has also been updated with new split system air conditioning in one bedroom, new fans and light fittings, ensuring a comfortable living environment.
Beyond the units, the property boasts a spacious 809m2 block, new fencing to be completed, a courtyard and patio for both dwellings and carports. The serene setting offers a quiet retreat just a short drive from the vibrant heart of Cairns.
Living in Unit 1 while keeping Unit 2 tenanted is an excellent option for those looking to benefit from rental income and comfortable living. The property's prime location, combined with its modern updates and serene environment, makes it an attractive opportunity for savvy investors.
Whether you're looking to add to your property portfolio or seeking a comfortable home with rental income potential, this duplex at 7 Holden Close, Whitfield, is a compelling choice. Don't miss out on this chance to secure this superb piece of the Cairns property market.
Selling with John Ryland and Professionals Cairns South
