Whether you're looking to downsize into a convenient, low-maintenance lifestyle or invest in a set-and-forget property with a great return, this tidy furnished studio apartment is packed with value and potential.
Positioned just minutes from the Cairns CBD, Esplanade, and hospital precinct, this property offers an affordable opportunity in a high-demand location. With a tenant in place until September 2025 paying $300/week, it's a smart addition to any investment portfolio-or a future downsize option with income in the meantime.
Property Highlights:
• Fully furnished, self-contained studio apartment
• Current lease until September 2025
• Air-conditioned and open-plan layout
• Compact kitchen, living and sleeping zones
• Off-street parking available
• In-ground pool in complex
The Figures:
Rates: Approx $3,000pa
Rental Income: $300pw (can be increased in September 2025)
Body Corporate Fees: $8,317.44pa
Location Perks:
• 5 minutes to Cairns CBD, Esplanade & Cairns Hospital
• Easy access to public transport
• Close to cafes, shops, airport, and medical services
Whether you're planning for future lifestyle changes or looking for an investment that works from day one, 6/261-265 Sheridan Street delivers location, simplicity, and strong rental performance.
Contact Alesha today for more details - opportunities like this are snapped up quickly!
ONSITE AUCTION
When: Thursday, 31st July 2025
Time: 5:30pm
Auctioneer: David Murphy
Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/W3QgJ
**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 endeavour 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.
