FOR SALE
$1,375,000

32-36 Buckley Street
Yorkeys Knob QLD 4878

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 2629m2
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4 Villas - no BC fees - 100% occupancy

Being offered for sale is this unique block of 4 stand alone villas located a stones throw from the Yorkeys Knob Boat Club. Currently bringing in approx. $85k in Gross Income and situated in a beautiful rainforest setting each villa features 2 bedrooms and 1 bathroom and has their own private patio area. The villas are laid out around a central resort style swimming pool and also come with a lock up garage for each unit.
The units are strata titled, but because the current owner owns all of them the BC has become inactive, which means there is NO BC FEES. It would be a simple process to re-instate the BC and the units could be sold off separately if needed.
Sitting on almost 3/4 acre of land there is also scope to add additional buildings STCA of course. With the proximity to the Boat Club, the Golf Course, the Boat Ramp and all the great little eateries around Yorkeys Knob, this parcel of properties has more going for it than just about any other building in Cairns.
With the owners circumstances changing, now is the time to snap up a great opportunity to purchase this rare property that is strata titled with no BC fees.
The numbers that matter:
- BC fees NONE
- Council rates approx. $2800pa per unit
- Strata Insurance approx. $2500pa
- Rental income x 3 units $420pw
- Rental Income x 1 unit $380pw
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Property Details for 32-36 Buckley St, Yorkeys Knob

32-36 Buckley St, Yorkeys Knob is a 8 bedroom, 4 bathroom BlockOfUnits with 4 parking spaces. The property has a land size of 2629m2. The place is currently for sale with First National Real Estate Cairns Central & Cairns Beaches.

Building Type
BlockOfUnits
Land Size
2629m2

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About Yorkeys Knob 4878

The size of Yorkeys Knob is approximately 11.3 square kilometres. It has 8 parks covering nearly 3.5% of total area. The population of Yorkeys Knob in 2011 was 2,765 people. By 2016 the population was 2,749 showing a population decline of 0.6% in the area during that time. The predominant age group in Yorkeys Knob is 50-59 years. Households in Yorkeys Knob are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Yorkeys Knob work in a professional occupation. In 2011, 43.6% of the homes in Yorkeys Knob were owner-occupied compared with 41.8% in 2016.

Yorkeys Knob has 1,870 properties. Over the last 5 years, Houses in Yorkeys Knob have seen a 49.11% increase in median value, while Units have seen a 66.81% increase. As at 31 August 2024:

  • The median value for Houses in Yorkeys Knob is $545,213 while the median value for Units is $366,270.
  • Houses have a median rent of $550 while Units have a median rent of $440.
There are currently 36 properties listed for sale, and 6 properties listed for rent in Yorkeys knob on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Yorkeys knob.

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Shane Dennis
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First National Real Estate Cairns Central & Cairns Beaches
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