340 McLeod Street, Cairns North, QLD, 4870

For Sale

340 McLeod Street, Cairns North, QLD, 4870

SOLD!

598 m²

BlockOfUnits

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30+ days on the market

What's around 340 McLeod Street

Rare Inner-City Quadplex Investment - Cairns

Investor's Dream - High-Yield Cairns Quadplex in a Prime Location An exceptional opportunity to secure a tightly held quadplex in the heart of Cairns' inner city. Properties of this calibre and configuration are rarely offered, making this a standout addition to any savvy investor's portfolio. This complex is attracting more interest than almost any other asset class in the Cairns residential market due to: • Exceptionally high yield returns current returning $1,520 per week • Super low risk thanks to historically low vacancy rates • Low outgoings with no body corporate levies • Fully leased, generating immediate income • Strong upside potential with the opportunity for rental increases Location Highlights: • In the immediate vicinity of JCU University Hospital, Cairns Base Hospital, and Cairns Domestic & International Airport • Close to CBD, employment hubs, dining, transport, and lifestyle amenities • Ensures consistent rental demand and long-term growth potential Complex Breakdown: 3 x One-Bedroom Fully Self-Contained Apartments • Modern kitchen • Bathroom • Laundry • Large Private patio 1 x Three-Bedroom Fully Self-Contained Apartment • Spacious kitchen • Bathroom • Laundry • Private patio Delivering a versatile tenant mix and strong rental appeal, this income-producing asset offers the perfect blend of cash flow, flexibility, and future upside. Opportunities like this are scarce - inspect with confidence.