299 Mcleod StreetCairns North QLD 4870
Property Details for 299 Mcleod St, Cairns North
299 Mcleod St, Cairns North is a 7 bedroom, 2 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 541m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Last Listing description (September 2019)
Everyone dreams of making money while they sleep. And at this beautiful character rich 1920's Queenslander you have an amazing opportunity to do exactly that!
Enjoy all the period hallmarks and features of the home while you pull in $20,000-$30,000-$40,000 per year, maybe more? Its up to you. Invest in your future today!
This property is perfectly set up for couples or families who want to enjoy the city lifestyle and make a load of cash on the side that literally provides an income that pays your mortgage off for you. With a 5KW solar power system and gas cooking you even save huge on rising electricity costs.
STAY AT HOME PARENTS WANTING AN INCOME? Located in the Cairns High and Edge Hill school catchment area you can let your kids walk to school or any of the excellent sporting facilities nearby while you refresh the rooms and check guests in and out using the Air BNB app.
FIFO WORKERS? Conveniently located 5 minutes from the airport you can enjoy the home when you are off shift and then lock upstairs and fly out while making extra income when you are not there.
COUPLES LOOKING TO INVEST WISELY? Enjoy the flexibility of owning a home in the city and an investment property at the same time where you can live for free while your guests pay off your mortgage.
Basically ANYONE WANTING TO MAKE EXTRA MONEY.
For more information of how much the current owners have been making while living at this property please enquire for the facts and figures.
Property History for 299 Mcleod St, Cairns North, QLD 4870
- 02 Aug 2019Sold for $654,000
- 15 Jul 2019Listed for Sale Under Contract with Karl
- 05 Aug 2016Sold for $580,000
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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 3,971 properties. Over the last 5 years, Houses in Cairns North have seen a 33.04% increase in median value, while Units have seen a 55.81% increase. As at 31 August 2024:
- The median value for Houses in Cairns North is $635,500 while the median value for Units is $372,537.
- Houses have a median rent of $520 while Units have a median rent of $450.
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