FOR SALE
$269,000 Range

2/63-65 Mcleod Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
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"City Terraces" Gorgeous One Bedroom Self Contained Apartment - Suit investors!

City Terraces is a peaceful oasis conveniently located within walking distance to Cairns Central Shopping Centre and the CBD. The complex features some off-street undercover parking and a tropical-inspired design with internal staircases and walkways overlooking serene central garden courtyards.
This fully self-contained unit, currently in the holiday let pool with onsite management, makes for the perfect investment property.
Key Highlights:
- One bedroom, one bathroom apartment and fully self contained
- Swimming pool and barbecue area
- Excellent rental returns
- Financial Summary, Tax Depreciation Schedule, Inventory List, and Body Corporate information (available upon request)
Whether you're an investor or looking for your own tropical escape, this property is a must-see. Contact us today to arrange an inspection!
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Property Details for 2/63-65 Mcleod St, Cairns City

2/63-65 Mcleod St, Cairns City is a 1 bedroom, 1 bathroom Unit. The property has a floor size of 54m2. The place is currently for sale with Twomey Schriber Property Group.

Building Type
Unit
Floor Size
54m2

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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.

Cairns City has 3,413 properties. Over the last 5 years, Houses in Cairns City have seen a 29.99% increase in median value, while Units have seen a 45.70% increase. As at 31 December 2024:

  • The median value for Houses in Cairns City is $496,980 while the median value for Units is $511,169.
  • Houses have a median rent of $515 while Units have a median rent of $590.
There are currently 35 properties listed for sale, and 48 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 150 properties were sold in the past 12 months in Cairns city.

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Giles Lort-Phillips
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