FOR SALE
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1-6/11 Sandown Close
Woree QLD 4868

Bedrooms: 12
Bathrooms: 6
Car spaces: 6
Land area: 1242m2
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Outstanding Investment Opportunity

DISTINCT
Discover a fantastic investment opportunity just 8 minutes from Cairns CBD! Located in a high-growth area with strong demand due to its proximity to major shopping centres, schools, and recreational facilities, this property boasts 6 individually titled apartments.
With central appeal and excellent rental yields, now is the time to invest before prices increase. The property currently offers a guaranteed rental returns, making it a smart choice for investors.
THE FACTS
- Entire complex situated on a 1242m² battleaxe allotment
- 6 ground-floor units, each on separate titles
- Managed under an inactive body corporate
- Building 1 (Units 1-4) constructed in 1980, Building 2 (Units 5 & 6) in 2005
- Each unit features 2 bedrooms, 1 bathroom, and 1 car space
- Units 5 & 6 include lockup garages
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Property Details for 1-6/11 Sandown Cl, Woree

1-6/11 Sandown Cl, Woree is a 12 bedroom, 6 bathroom BlockOfUnits with 6 parking spaces. The property has a land size of 1242m2. The place is currently for sale with Champion Estate Agents pty ltd.

Building Type
BlockOfUnits
Land Size
1242m2

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About Woree 4868

The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2011 was 4,826 people. By 2016 the population was 4,822 showing a population decline of 0.1% in the area during that time. The predominant age group in Woree is 20-29 years. Households in Woree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woree work in a trades occupation. In 2011, 44% of the homes in Woree were owner-occupied compared with 42.8% in 2016.

Woree has 2,889 properties. Over the last 5 years, Houses in Woree have seen a 64.54% increase in median value, while Units have seen a 83.30% increase. As at 30 November 2024:

  • The median value for Houses in Woree is $525,159 while the median value for Units is $256,040.
  • Houses have a median rent of $500 while Units have a median rent of $400.
There are currently 23 properties listed for sale, and 9 properties listed for rent in Woree on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Woree.

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David Galloway-Penney
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Andrew Thornton
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Champion Estate Agents pty ltd
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