OFF MARKET

4/24 Tiffany Street
White Rock QLD 4868

Bedrooms: 8
Bathrooms: 4
Car spaces: 4
Land area: 1000m2
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Last updated 11 Nov 2024
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Property Details for 4/24 Tiffany St, White Rock

4/24 Tiffany St, White Rock is a 8 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 1000m2.

Building Type
Unit
Land Size
1000m2
Local Government
Cairns Regional

Last Listing description (February 2023)

NEW STREET RECORD! - SOLD by Australia's Number 1 Awarded Agent! - Call Brad Scott 0408 338 605 for similar resultsTo watch a Video specifically on this property, simply click below or otherwise copy and paste the below link into a web browser:https://youtu.be/8rgxdaAW3p0 To take an ONLINE 3D Tour walk through of this property using, simply click below or otherwise copy and paste the below link into a web browser:https://my.matterport.com/show/?m=oY2vc8wSgPZ Welcome to 24 Tiffany Street, WHITE ROCK QLD 4868. Units 1, 2, 3 & 4 on one title. Cairn's best-kept secret and only 3km to the Cairns CBD. Block of four x 2 bedroom Units on 1000m2 of land. All Units have current leases in place. Currently returning a total of $1,140 per week currently with the potential to increase this to $1,200 per week on renewal of 2 of the units. Situated just off the Bruce Highway, the units are in good condition. Vinyl floors in living areas with bedrooms carpeted.With the Cairns rental market ever tightening this property provides a great opportunity to invest in. CURRENT LEASES IN PLACE:Unit 1: Current Lease in place from 25/11/2022 to 24/11/2023 at $270 per week (tenant been there for a few years)Unit 2: Current Lease in place from 16/11/2022 to 15/05/2023 at $300 per week (New tenant just moved in recently)Unit 3: Current Lease in place from 04/11/2022 to 03/05/2023 at $300 per week (New tenant just moved in recently)Unit 4: Current Lease in place from 05/11/2022 to 04/11/2023 at $270 per week (tenant been there for a few years) TOTAL CURRENT RENT: $1,140 per weekPROPERTY INFORMATIONCairns Regional Council Rates: $10,668* p.a. approxCairns Regional Water Rates: $526* p.a. approxEstimated Permanent Rent per unit: $300* to $330* per week rentTotal Landlord Insurance for 4 Units = $706* p.a. approx total (4 Units) - SuncorpTotal Strata Insurance for 4 Units = 1,347* p.a. approx total (4 Units) - SuncorpBody Corp: N/A - You own all 4. Strata Insurance works out to be approx $6.50 per week, per unit, or $26 a week for all 4 units combined. Built: 1989** denotes approximations and/or measurementsA rare opportunity to purchase in an unbeatable tranquil location. Only 3km from the CBD and all amenities (shopping centers, schools, etc.) are within easy reach.Contact your local Cairns Area specialists Brad Scott on 0408 338 605 or Wayne Haase on 0498 098 426 for further information, otherwise we look forward to seeing you at one of our scheduled open homes.Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein.COVID-19 Update- Please do not attend any inspections if have returned from overseas in the past 14 days, are unwell, elderly, or have a compromised immune system.- Please practice social distancing at all inspections to help minimize the spread of COVID-19.- If you are unable to physically attend an inspection please contact us for other options – Or alternatively please click on the 3D Tour to have a virtual inspection online.

Property History for 4/24 Tiffany St, White Rock, QLD 4868

A timeline of how this property has performed in the market
  • 08 Nov 2022
    Listed for Sale New Street Record! - Under Contract!
  • 05 Jan 2015
    Listed for Rent $220 / week
  • 20 Aug 2013
    Listed for Rent $200 / week
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About White Rock 4868

The size of White Rock is approximately 9.5 square kilometres. It has 8 parks covering nearly 1.9% of total area. The population of White Rock in 2011 was 4,490 people. By 2016 the population was 4,728 showing a population growth of 5.3% in the area during that time. The predominant age group in White Rock is 0-9 years. Households in White Rock are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in White Rock work in a trades occupation. In 2011, 53.5% of the homes in White Rock were owner-occupied compared with 53.4% in 2016.

White Rock has 2,214 properties. Over the last 5 years, Houses in White Rock have seen a 80.06% increase in median value, while Units have seen a 83.94% increase. As at 31 October 2024:

  • The median value for Houses in White Rock is $521,078 while the median value for Units is $427,437.
  • Houses have a median rent of $555 while Units have a median rent of $528.
There are currently 15 properties listed for sale, and 4 properties listed for rent in White rock on OnTheHouse. According to CoreLogic's data, 85 properties were sold in the past 12 months in White rock.

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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.