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.
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
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.
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:
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