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Overview
High-Yield Investment Opportunity in Prime City-Fringe Location
Situated within an exclusive complex of only seven residences, this well-positioned two-bedroom corner townhouse offers an exceptional investment opportunity for those seeking immediate rental returns combined with long-term capital growth. Located conveniently near the popular Edge Hill area and just minutes from the Cairns Central Business District, this property is designed for low maintenance living with a practical and functional floorplan that appeals strongly to tenants.
The townhouse is currently leased at $420 per week until late October 2026, providing a secure and steady income stream, making it an ideal set-and-forget investment in a highly sought-after location.
Key features of the property include:
- Two spacious bedrooms providing comfortable accommodation
- Main bedroom equipped with a walk-in robe for ample storage
- Air-conditioning installed throughout the home ensuring year-round comfort
- Open-plan living and dining area that maximizes space and natural light
- Functional kitchen with generous bench space for meal preparation
- Internal laundry facilities for convenience
- A total floor area of 86 square meters spread over two levels
- Allocated undercover carport providing secure parking
- Corner position within a small, well-maintained complex of seven townhouses
Investment highlights include:
- Current lease agreement at $420 per week until 29 October 2026
- Reliable tenant in place offering immediate rental income
- Rental appraisal suggests potential income between $420 and $450 per week
- Body Corporate levies are approximately $3,200 per annum
- Council rates are approximately $3,000 per annum
- Highly accessible location close to Edge Hill, Cairns CBD, shopping centers, schools, public transport, and other essential amenities
With quality investment properties becoming increasingly scarce, this affordable townhouse presents an excellent opportunity to expand your property portfolio with a residence that delivers both immediate returns and promising future growth potential.
The property will be sold by auction, held in-room on Thursday, 2 July 2026 at 5:30pm at the Bluewater Tavern - The Lighthouse Room.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Manoora QLD 4870
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 86 m² |
Market Insights for Manoora QLD 4870
Other properties in this postcode
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