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Unit for Sale

340 McLeod Street Cairns North, QLD 4870

Expression of Interest
  • 6 Beds
  • 4 Baths

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340 McLeod Street, Cairns North, QLD 4870

Unit for Sale in Cairns North

Rare Inner-City Quadplex Investment - Cairns

  • 6 Beds
  • 4 Baths

Investor's Dream - High-Yield Cairns Quadplex in a Prime Location

An exceptional opportunity to secure a tightly held quadplex in the heart of Cairns' inner city. Properties of this calibre and configuration are rarely offered, making this a standout addition to any savvy investor's portfolio. This complex is attracting more interest than almost any other asset class in the Cairns residential market due to:

  • Exceptionally high yield returns current returning $1,520 per week
  • Super low risk thanks to historically low vacancy rates
  • Low outgoings with no body corporate levies
  • Fully leased, generating immediate income
  • Strong upside potential with the opportunity for rental increases

Location Highlights:

  • In the immediate vicinity of JCU University Hospital, Cairns Base Hospital, and Cairns Domestic & International Airport
  • Close to CBD, employment hubs, dining, transport, and lifestyle amenities
  • Ensures consistent rental demand and long-term growth potential

Complex Breakdown:

3 x One-Bedroom Fully Self-Contained Apartments
• Modern kitchen
• Bathroom
• Laundry
• Large Private patio

1 x Three-Bedroom Fully Self-Contained Apartment
• Spacious kitchen
• Bathroom
• Laundry
• Private patio

Delivering a versatile tenant mix and strong rental appeal, this income-producing asset offers the perfect blend of cash flow, flexibility, and future upside.

Opportunities like this are scarce - inspect with confidence.

Land:

598m² / 0.15 acres

Bedrooms:

6

Bathrooms:

4

This property is being sold by auction or without a price and therefore a price guide can not be provided. The website may have filtered the property into a price bracket for website functionality purposes.

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