16 Nelson Street Bungalow, QLD 4870

Possessing timeless character and charm, this beautifully renovated highset Queenslander showcases classic features including soaring ceilings, casement windows, and stunning tulip oak floors, all complemented by fantastic street appeal. Set on a flat 353m² block, and perfectly positioned close to the Cairns CBD, this property delivers an exceptional balance of lifestyle and investment in a sensational city-fringe location with exciting future potential.

From an investment perspective, the home offers a strong holding income, currently returning $1,125 per week, with a flexible layout that is presently configured to provide two separate rental returns, delivering immediate cash flow and long-term upside.

The lower level offers additional utility space and is currently tenanted; however, please note this area is not legal height and is not approved as a separate dwelling.

The property features separately metered electricity, individual laundries for each tenancy, and separate car accommodation allocated to each. Water is supplied via a single meter and is currently paid by the landlord.

Tenancy 1 - Upstairs
• 3 Bedrooms | 1 Bathroom
• Rent: $570
• Lease end: 13/04/2027

Tenancy 2 - Downstairs (non-approved / not legal height)
• 3 rooms + bathroom
• Rent: $570 per week
• Lease end: 25/08/2026

Opportunities like this are increasingly rare - a character-filled Queenslander on a generous inner-city block, delivering exceptional holding income and outstanding future potential just minutes from the Cairns CBD. Whether you're seeking a high-yielding investment or a strategic landholding in a growth location, this is a property that truly stands out.

Additional Information:

• Building and Pest Inspection available upon request
• Video walkthrough available via WhatsApp
• Open Homes every Saturday until SOLD
• Private Inspections are welcomed. A minimum of 48hrs notice is required due to the tenancies in place

In-Room Auction
When: Tuesday, 28th April 2026
Where: Bluewater Bar & Gril - White House Room
Time: From 5:30pm