18 Terminus Street, Parramatta Park, Qld 4870 - More Details
Offers Over $1,800,000
DISTINCT
Positioned in the heart of Cairns, this is blue-chip real estate with built-in income and unbeatable lifestyle appeal.
Set in one of Cairns’ closest residential pocket to the CBD this property delivers the ultimate walk-everywhere convenience. You’re just 3 minutes to Cairns Central Shopping Centre, 2 minutes to St Joseph's Primary and St Augustines College, and a short stroll to Barlow Park and the Cairns Showgrounds. Every café, bar and restaurant in the city is at your doorstep a location tenants and guests actively seek out.
Upstairs: A standout six-bedroom residence currently vacant is configured like a traditional country hotel, complete with front and rear decks plus two enclosed verandas for flexible accommodation options.
Downstairs: Three x two bedroom units are already tenanted and successfully operating on Airbnb and Booking.com, providing immediate income with strong guest appeal.
The unique layout upstairs attracts high-yield group bookings: families, sporting teams, entertainers, church groups, golfers, fishing charters and international student travel groups. It’s the perfect solution for guests who want to stay together without paying for multiple hotel rooms. A niche that continues to perform.
Prime position. Proven returns. Flexible, high-demand accommodation.
Opportunities this close to the Cairns CBD with established income streams are rare and tightly held.
THE FACTS
* Upstairs: six bedroom residence with front and rear decks, open plan living, large kitchen, 2 bathrooms and enclosed verandahs
* Downstairs: 3 x 2 bedroom, 1 bathroom units each returning $600 per week minimum 1 month long stay
* 13kw Solar
* 15kw battery back up + EV charger
* Walking distance to schools, Cairns Central Shopping Centre, CBD and esplanade restaurants, shops and other conveniences
* Build Year: 1930 Approx.
* Rates: Approx. $13,000 / year
* Rental Appraisal Upstairs: Approx. $1000 / week long term & Approx. $800 / night Air Bnb
* Rental Appraisal Downstairs: $600/week / unit
These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the property’s potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs.
Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.
- Type
- Block Of Units
- Bedrooms
- 12
- Bathrooms
- 5
- Parkings
- 2
- Area
- 473 m²
