11/9-10 Cavanagh St, Woree is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1982. The property has a land size of 77m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
ATTENTION INVESTORS:
Introducing to the market, this sensational "value for money" two-bedroom townhouse positioned only a short 15 minutes' drive from Cairns' CBD.
Situated within the small complex of 'CAVANAGH COURT' this little cash cow is a sensational opportunity for any investment portfolio. Set and forget.
PROPERTY SUMMARY:
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- 2 bedrooms
- 1 bathroom
- Private courtyard with storage
- Front balcony off the master bedroom
- 1 car carport on title
- In-ground pool
- Small complex of 14
INVESTORS:
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Body Corporate Levies: $3500 annually approx.
Rental Income: $250p/w until September 2021
Rental Appraisal: $275 - $300p/w approx.
Council Rates: $2500 annually approx.
The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2011 was 4,826 people. By 2016 the population was 4,822 showing a population decline of 0.1% in the area during that time. The predominant age group in Woree is 20-29 years. Households in Woree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woree work in a trades occupation. In 2011, 44% of the homes in Woree were owner-occupied compared with 42.8% in 2016.
Woree has 2,884 properties. Over the last 5 years, Houses in Woree have seen a 54.80% increase in median value, while Units have seen a 84.48% increase. As at 31 July 2024:
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