6 Alma St, Woree is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 809m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
DISTINCTCanny investors should see this FULL Duplex as an opportunity to enter the Cairns Investment market at a budget price. Featuring two individual dwellings each with 2 airconditioned bedrooms and 1 bathroom, secure lockup garages and each with fully fenced yards. Offering an excellent central location and a current combined rental income of $600 per week and potential to grow to $650 per week, this is a unique opportunity for an investor or as a potential addition to a well-balanced SMSF.THE FACTS - Each Unit is Fully Airconditioned and features bright and natural light - Individually comprising of 2 Bedrooms, 1 Bathroom, Open Plan Living and Dining, Internal Garage and Laundry - No Body Corporate attached to the complex - Resting on an allotment of 809m2, fully fenced, private and secure - Both Units feature Long Term Tenancies offering Investors a 6.7% GROSS Rental Yield - Unit 1 is fully renovated with a contemporary feel, Unit 2 has opportunity to grow the rental yield with a small capital investment - Located close to Shops, Public Transport, and Parklands - Rental Appraisal of up to $650 / weekLong Term Tenancies in place, No Body Corporate, New Roof, Fully Fenced
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 2,875 properties. Over the last 5 years, Houses in Woree have seen a 63.32% increase in median value, while Units have seen a 80.79% increase. As at 31 October 2024:
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