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709-710/58-62 McLeod Street
Cairns City, QLD 4870

Offers Over $599,000

2
Bed
2
Bath
1
Cars
Property Type: Apartment
Listed Date: 23rd Apr 2026
Overview

709-710/58-62 McLeod Street, Cairns City

Located in the Cairns Central Plaza Apartments, this dual key apartment presents a versatile investment opportunity in the heart of Cairns CBD. The property is ideal for buyers seeking a flexible layout combined with strong income potential, situated in a central city location.

Within walking distance to Cairns Central Shopping Centre, a variety of dining options, public transport, and the scenic Esplanade, the location offers convenience and appeal for both short-term and long-term residents.

The apartment is cleverly designed into two self-contained living spaces, allowing for dual income streams or the option to reside in one section while leasing the other. Both areas are bright and well-maintained, featuring low-maintenance interiors that suit modern living.

Residents benefit from access to rooftop amenities including a swimming pool, spa, and sun deck, all offering expansive views across the city and surrounding areas.

  • Dual key configuration providing flexible living arrangements or dual rental income potential
  • Two self-contained units, each with its own private balcony
  • Light-filled interiors with neutral, contemporary finishes
  • Functional kitchens equipped with ample storage space
  • Air-conditioning and ceiling fans for comfort
  • Secure complex with lift access for convenience
  • Rooftop pool, spa, and entertaining area for residents
  • Prime CBD location close to shops, dining, and transport options
  • The studio side is currently rented at $450 per week
  • The one-bedroom side could achieve rental income between $550 and $580 per week
  • Potential total rental income of up to $1,030 per week
  • Body corporate fees are approximately $13,400 per annum

This property represents a solid choice for investors or owner-occupiers seeking a low-maintenance, versatile apartment in a convenient Cairns location, combining lifestyle benefits with strong rental returns.

Location
709-710/58-62 McLeod Street
Cairns City QLD 4870
Market Insights for Cairns City QLD 4870
New Listings (last 30 days)
7
Average price
$630,429
Lowest price
$300,000
Highest price
$1,200,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.