10 Mayers Street
Manunda, QLD 4870

Unlock the potential of inner city living in Manunda with this exceptional property offering a unique development opportunity. Spanning an impressive 1,599 square meters, this site presents a rare canvas where urban vibrancy blends seamlessly with suburban tranquility, ideal for visionary developers and investors.

The property currently comprises four studio apartments downstairs, each featuring ensuites and kitchenettes, all of which are leased, providing immediate rental income. Upstairs, there is a self-contained three-bedroom home complete with dining, family room, and kitchen, offering comfortable living space.

This setup allows for flexibility: maintain the existing configuration to enjoy steady returns or consider redevelopment options. The site is perfectly suited for demolition and the creation of luxurious apartments or a boutique accommodation experience, ready to be transformed into a sanctuary for future residents.

One of the standout features is the ample parking available for residents and guests, a highly sought-after amenity in urban settings that enhances both value and appeal. The generous land area opens up endless possibilities, including multi-family units, stylish townhouses, or a vibrant community hub that embraces the essence of inner city living.

Manunda is a suburb on the rise, offering an excellent blend of accessibility and community spirit. Its proximity to the bustling Cairns city center means residents can enjoy easy access to cafes, shops, parks, and schools. Notably, the property is within walking distance to St Francis Xavier and Cairns West State School, both equipped with sporting facilities, as well as the Raintrees Shopping Centre.

This property represents more than just land and buildings; it is an opportunity to shape the future of inner city living. Developers have the power to create a vibrant community that meets the needs of modern residents, from families to young professionals and beyond. The potential impact of transforming this space into a sought-after destination is significant.

Do not miss this golden opportunity to invest in a thriving suburb poised for growth. The future of inner city living starts here, and this property is your gateway to making a lasting impression in Manunda.

Photos provided include the upstairs three-bedroom home and drone shots. Images of the four tenanted studio apartments downstairs are available upon request. Please note that some photos have been digitally staged for advertising purposes.