18 Terminus Street, Parramatta Park, Qld 4870

Block Of Units
Type
12
Bedrooms
5
Bathrooms
2
Parkings
473 m²
Area

Published on Thursday, March 05, 2026 ( See property details for 18 Terminus Street, Parramatta Park, Qld 4870)

Offers Over $1,800,000

Michelle Champion Director | Sales Advisor + Negotiator
Laura Krall Sales Advisor + Negotiator
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile Cairns CBD property offering a spacious upstairs residence and three income-generating units with strong rental and Airbnb performance, complemented by solar power and EV charging infrastructure.

🏡 Property Highlights

  • Prime location in Cairns CBD with walk-everywhere convenience
  • Established income streams with three tenanted units on Airbnb and Booking.com
  • Unique upstairs residence configured like a country hotel with flexible accommodation options
  • High-yield group bookings attracting families, sporting teams, and international travelers
  • Solar power system with 13kW capacity and 15kW battery backup plus EV charger
  • Proven rental returns with potential for long-term and short-term income

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Balcony
  • Waterfront / Views
  • Solar Panels
  • EV Charging Ready
  • Secure Parking
  • Internal Laundry
  • Ensuite

Cairns CBD offers a vibrant lifestyle with excellent walkability, close proximity to shopping, dining, and entertainment options. The area boasts strong rental demand, diverse amenities, and a thriving community atmosphere. Its central location makes it ideal for both residents and investors seeking convenience and high returns. The neighbourhood is well-served by public transport and features a mix of historic and modern properties, ensuring a dynamic and desirable environment.

What is the current condition of the property and are there any recent renovations?
The property was built approximately in 1930 and has been enhanced for marketing purposes; prospective buyers should conduct a thorough inspection to assess its current condition and any necessary renovations.
Are there any planning or zoning restrictions that could affect future development or use?
Potential buyers should verify local planning regulations, zoning restrictions, and any easements or covenants that may impact future development or modifications.
What are the ongoing costs associated with the property, including rates and maintenance?
Annual rates are approximately $13,000. Additional costs may include maintenance, insurance, and utility expenses; detailed financials should be obtained during due diligence.
Is the property compliant with all relevant building and safety standards?
Buyers should verify compliance with local building codes, safety standards, and any required certifications, especially given the age of the property.
Are there any upcoming developments or planning activities in the area that could impact the property?
Potential buyers should consult local council planning departments for information on future developments or zoning changes in the vicinity.
Are there any hidden costs or upcoming maintenance expenses not disclosed? Has the property been inspected for pests, structural issues, or asbestos? Are there any restrictions on short-term rentals or Airbnb use in this area? Is there any history of flooding, bushfire risk, or other environmental hazards? Are there any existing easements, covenants, or zoning restrictions that could limit use or future development? What are the terms of the current lease agreements for the downstairs units, and are they transferable? Are there any planned infrastructure projects or construction nearby that could cause noise or disruption? Is the solar and battery system under warranty, and what are the maintenance requirements? Are there any strata or body corporate fees applicable to the property? What are the long-term prospects for rental demand and property value growth in this location?

18 Terminus Street, Parramatta Park, Qld 4870 - More Details

Offers Over $1,800,000

Type
Block Of Units
Bedrooms
12
Bathrooms
5
Parkings
2
Area
473 m²

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