For investors seeking an immediate income-producing asset in a sought-after beachside suburb, this is an opportunity worth serious consideration.
Located in the ever-popular coastal community of Yorkey's Knob, Unit 3/101-105 Wattle Street offers the ideal combination of stable rental income, low-maintenance ownership and long-term growth potential.
A quality tenant is already in place until September 2026, providing the new owner with instant cash flow from day one and removing the uncertainty, vacancy periods and leasing costs often associated with newly purchased investment properties.
Positioned within a well-maintained complex, the property enjoys a practical layout designed for comfortable everyday living, making it highly attractive to tenants and supporting ongoing rental demand. Yorkey's Knob continues to attract renters seeking an affordable coastal lifestyle, with easy access to the beach, marina, golf course right across the road, local cafés and the Cairns CBD.
Investors will appreciate the security of an established tenancy, the strong appeal of the location, and the ability to purchase a property that is already working for them from settlement.
Investment Highlights:
- Tenant secured until September 2026
- Immediate rental income from settlement
- No vacancy period or leasing costs
- High-demand beachside location
- Low-maintenance investment opportunity
- Close to beach, marina, golf course and local amenities
- Strong long-term rental appeal
Whether you're expanding your portfolio, purchasing your first investment property, seeking a set-and-forget addition to your holdings or, have time flexibility to wait out the remainder of the lease - this is an opportunity to secure a proven performer in one of Cairns' most desirable coastal suburbs.
Please enquire to receive a copy of the following documents:
Buyers Guide
Seller's Disclosure (Ordered)
Inventory List
Property Summary
AGM Minutes
Offer Form
**Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavor to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.
