OFF MARKET

218/191-193 Mcleod Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 61m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Jul 2024
Low
High
Share
Save

Property Details for 218/191-193 Mcleod St, Cairns North

218/191-193 Mcleod St, Cairns North is a 2 bedroom, 1 bathroom Unit and was built in 1988. The property has a land size of 61m2 and floor size of 61m2.

Building Type
Unit
Year Built
1988
Floor Size
61m2
Land Size
61m2
Local Government
Cairns Regional

Last Listing description (March 2023)

Superb popular 2 bedroom 1 bathroom with laundry ground floor Holiday Serviced Apartment inside the "Tradewinds McLeod Holiday Apartments" positioned perfectly next to the huge resort pool near the rear of the premises with great rental returns increasing with increasing tourism and infrastructure in the area. Get a foot in the market while it is grossly under priced and waiting to boom. Great location over the road from shops, bus stops and close to the hospital.

This unit has recent NEW furniture, NEW white goods, kitchen refurbishment, ready to earn you a guaranteed income from the holiday letting pool from the day of settlement with nothing more to spend.

This is a very popular apartment with holiday guests requesting a ground floor apartment next to the pool for easy access.

The pool is a live with kids swimming during holiday periods from all over the world. The swimming pool is humongous with a large sail shade and has plenty of seating and a BBQ area.

New pathways from the back doors of the unit to the pool with lovely path lighting illuminating the way at night time.

Plenty of onsite parking behind security gates with the complex protected by CCTV.

Features:

-Onsite management

-Tiled throughout

-Full sized kitchen

-Open plan living/dining

-NEW LED Lighting has been fitted with dimmers

-Daikin split airconditioners throughout

-Built in wardrobes to both bedrooms

-Patio area

-Fully furnished

-Solar panels on Common Area power supply

Body corp. fees approx. $87 p/w

Council rates and water approx. $47 p/w

Holiday rental average $270 p/w NETT (After management fees and unit maintenance)

Purchase price $148,000

GROSS Yield approx. 10% *

Hotel is very well managed by the onsite manager who keeps things well maintained all year round.

VIEWING BY APPOINTMENT ONLY. 7 days a week.

* Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures supplied.

Show More

Property History for 218/191-193 Mcleod St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
  • 15 Mar 2023
    Listed for Sale Not Disclosed

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2011 was 4,444 people. By 2016 the population was 5,185 showing a population growth of 16.7% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation. In 2011, 29.8% of the homes in Cairns North were owner-occupied compared with 29.2% in 2016.

Cairns North has 3,954 properties.

    There are currently 46 properties listed for sale, and 23 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 247 properties were sold in the past 12 months in Cairns north.

    Cairns North Profile Page

    Suburb Insights for Cairns North 4870

    Visit Cairns North profile page
    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend
    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    Visit Cairns North profile page
    CoreLogic Copyright and Legal Disclaimers about Property Data

    © Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

    This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

    X

    GETTING STARTED