OFF MARKET

5/367-371 Mcleod Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 101m2
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Property Details for 5/367-371 Mcleod St, Cairns North

5/367-371 Mcleod St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1998. The property has a land size of 101m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Year Built
1998
Floor Size
74m2
Land Size
101m2
Local Government
Cairns Regional
Lot/Plan
5/SP106005

Last Listing description (December 2023)

Situated on the second floor within the well-maintained, boutique complex of 'Portobello on McLeod', 'The Ray Murphy Team' proudly welcomes to the market a fantastic opportunity for the savvy investor to secure a high yielding two-bedroom unit located only a stones throw to Cairns CBD.

Property Features:
- Two bedrooms with built in robes

- One bathroom with shower over bath and separate toilet
- Open plan living and dining with split system air conditioning
- Large private balcony
- Internal laundry
- Single lock up garage
- Complex in-ground swimming pool

The Figures:
- Body Corporate Fees: $4,219.16 approx. p/a
- Rental Income: Currently achieving $390.00 Per Week until August 2023

Located within walking distance to Cairns City and Esplanade and only a short drive to Cairns Airport, Schools, Shopping Centre and transport. This is an opportunity not to be missed!

Contact 'The Ray Murphy Team' today to register your interest! A minimum of 24 hours notice required due to tenancy.

Property History for 5/367-371 Mcleod St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$295,000
09 Jun 2023
Listed for Rent
22 Feb 2022
  • 09 Jun 2023
    Sold for $295,000
  • 24 May 2023
    Listed for Sale SOLD! Another Wanted
  • 28 Jan 2022
    Listed for Rent - Price not available
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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 3,972 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.
There are currently 41 properties listed for sale, and 26 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 4870

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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.