113/1-2 Maytown CloseManoora QLD 4870
Property Details for 113/1-2 Maytown Cl, Manoora
113/1-2 Maytown Cl, Manoora is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 98m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Manoora in the last 12 months.
Last Listing description (May 2024)
This 2 bed and 2 bath apartment located only 10mins from the city is ripe for investment. Currently tenanted to great long term tenants who have just signed a new 12month lease.
With our current office vacancy rate hovering between .5% and 1%, this means there is no end in sight to the rental shortage here in Cairns,. Now is the perfect time to add to your portfolio by purchasing a rock solid investment and keep this property in the rental pool.
Built in 2007 to a proven design, these apartments are in high demand and perfectly located only 10 mins into the city. The complex features security gates and undercover parking for each unit. A resort style pool is there for those extra hot days.
The numbers that matter:
- BC fees approx. $3600pa
- Council rates approx. $2800pa
- Currently rented at $400pw
- Lease ends Jan '25
Property History for 113/1-2 Maytown Cl, Manoora, QLD 4870
- 31 Mar 2024Sold for $295,000
- 07 Mar 2024Listed for Sale Offers over $299,000
- 22 Dec 2022Listed for Rent $350 / week
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0About Manoora 4870
The size of Manoora is approximately 2.2 square kilometres. It has 7 parks covering nearly 9.9% of total area. The population of Manoora in 2011 was 5,688 people. By 2016 the population was 6,032 showing a population growth of 6.0% in the area during that time. The predominant age group in Manoora is 0-9 years. Households in Manoora are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manoora work in a community and personal service occupation. In 2011, 34.8% of the homes in Manoora were owner-occupied compared with 32% in 2016.
Manoora has 3,159 properties. Over the last 5 years, Houses in Manoora have seen a 61.80% increase in median value, while Units have seen a 99.50% increase. As at 31 October 2024:
- The median value for Houses in Manoora is $505,557 while the median value for Units is $311,853.
- Houses have a median rent of $465 while Units have a median rent of $420.
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