1 Olive Street, Manoora, Qld 4870

$945,000

Duplex/Semi-detached
Type
6
Bedrooms
3
Bathrooms
3
Parkings
780 m²
Area

Published on Wednesday, July 01, 2026 ( See property details for 1 Olive Street, Manoora, Qld 4870)

$945,000

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A rare, income-generating triplex on a prominent corner in Cairns, offering immediate rental income and long-term growth prospects.

🏡 Property Highlights

  • Complete triplex with proven long-term occupancy over 22 years
  • Prime corner allotment in a tightly held inner Cairns suburb
  • Immediate income with $62,400 annual rent from three fixed-term tenancies
  • Well-maintained units with practical layouts and modern amenities
  • Close to shopping centres, medical facilities, and schools
  • Strong long-term growth potential in a high-demand rental market

✨ Key Features

  • Air Conditioning
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Secure Parking
  • Waterfront / Views
  • Pet-Friendly
  • Garage / Secure Parking
  • Internal Laundry
  • Extra Storage (Shed/Linen)

Manoora is a highly sought-after suburb in Cairns, known for its convenient access to amenities, strong rental demand, and community-oriented lifestyle. Its central location offers easy proximity to shopping centres, medical facilities, and schools, making it ideal for tenants and investors alike. The area boasts a mix of established homes and growth potential, ensuring long-term value appreciation. With a vibrant local community and excellent infrastructure, Manoora remains a top choice for property investment in Cairns.

What is the current occupancy status of the triplex?
The property has maintained near continuous occupancy over the past 22 years, with three fixed-term tenancies currently in place.
What are the main features of each unit?
Each unit offers 2 bedrooms, practical kitchens, well-maintained bathrooms, and split system air conditioning, with variations in living layouts and outdoor spaces.
Is the property suitable for long-term investment?
Yes, the property has a proven track record of long-term occupancy and strong tenant appeal, making it an excellent long-term investment.
What amenities are nearby?
The property is within walking distance to shopping centres, medical facilities, and schools, providing convenience for tenants.
What is the condition of the property?
The units are well-maintained with functional layouts, modern amenities, and low-maintenance features.
Are there any upcoming council or development plans that could affect the property or its value? What are the total ongoing costs, including strata fees or body corporate charges if applicable? Are there any easements, zoning restrictions, or planning overlays that could impact future development? Has the property been inspected for structural issues or pests? Are there any flood or bushfire risks associated with the property location? What are the terms of the current tenancy agreements, and are there any rent increases scheduled? Is there any history of disputes or issues with tenants or neighbours? Are there any planned infrastructure projects nearby that could cause noise or disruption? What are the specific conditions of the fixed-term tenancies, and are they transferable? Are there any additional costs or fees not disclosed in the listing?

1 Olive Street, Manoora, Qld 4870 - More Details

$945,000

Type
Duplex/Semi-detached
Bedrooms
6
Bathrooms
3
Parkings
3
Area
780 m²

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