23 Thornborough Circuit, Smithfield, Qld 4878

Offer over $1,495,000

Duplex/Semi-detached
Type
7
Bedrooms
4
Bathrooms
4
Parkings
850 m²
Area

Last updated on Saturday, June 06, 2026 ( See property details for 23 Thornborough Circuit, Smithfield, Qld 4878)

Offer over $1,495,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile full duplex investment in Cairns' high-demand northern corridor offering immediate cash flow, long-term tenants, and future growth potential.

🏡 Property Highlights

  • Full duplex on a single title with no strata or body corporate fees
  • Immediate rental income with long-term tenants secured
  • Strong growth corridor in Cairns' northern suburbs
  • Dual-income property with high rental yield potential
  • Built-in rental growth with lease increases scheduled
  • Located close to James Cook University, shopping centres, and employment hubs

✨ Key Features

  • Stone benchtops
  • Split-system air conditioning
  • Security screens
  • Blinds throughout
  • Double lock-up garages
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views

Cairns’ northern corridor is a highly sought-after area known for its strong rental demand, proximity to major educational and employment hubs, and consistent growth. The suburb offers excellent access to Cairns CBD and beaches, making it ideal for tenants and investors alike. With ongoing infrastructure development and a vibrant community, it presents a prime opportunity for long-term property appreciation. The area’s amenities, schools, and transport links ensure a convenient lifestyle and sustained demand for rental properties.

What is the current rental income and potential for future growth?
The property currently generates $1,375 per week, with scheduled increases to $1,410 from April 2026, and has built-in rental growth potential.
Are there any body corporate fees or strata costs?
No, the property is on a single title with no strata or body corporate fees, simplifying management.
What are the lease terms for the current tenants?
House 1 is leased until March 2027 with rent increasing in April 2026, and House 2 is leased until February 2027.
What makes this property a good investment?
It offers immediate cash flow, long-term tenants, future rental upside, and is located in a high-growth corridor with strong demand.
What are the key features of the homes?
Both homes feature stone benchtops, split-system air conditioning, security screens, blinds throughout, and double lock-up garages.
Are there any upcoming planning or development applications in the area that could affect the property value or rental demand? What are the zoning restrictions and easements affecting the property? Are there any known issues with the property’s structure, plumbing, or electrical systems? Is the property located in a flood or bushfire-prone zone? Are there any additional costs or fees associated with the property, such as council rates or maintenance expenses? What are the terms of the current leases, and are there any conditions that could affect future occupancy? Has the property been recently inspected for pests or other potential defects? Are there any restrictions or covenants on the property that could limit future modifications? Is there any planned infrastructure or construction nearby that could impact the property’s value or livability? What are the long-term growth prospects for the Cairns northern corridor and this specific suburb?

23 Thornborough Circuit, Smithfield, Qld 4878 - More Details

Offer over $1,495,000

Secure a high-performing dual-income asset in one of Cairns’ strongest growth corridors. This detached full duplex on a single title delivers immediate returns, long-term leases, and minimal management complexity.

Income and Leases: Current return of $1,375 per week, increasing to $1,410 per week from April 2026.

House 1 (3 bed, 2 bath, 2 car): Currently rented at $665 per week, increasing to $700 per week from 8 April 2026. Lease in place until March 2027.

House 2 (4 bed, 2 bath, 2 car): Currently rented at $710 per week. Lease in place until February 2027.

Investment Highlights:
- Full duplex on 850m²
- Single title - no strata or body corporate
- Detached dwellings for strong tenant appeal
- Long-term tenants already secured
- Built-in rental growth

Features (both homes):
- Stone benchtops
- Split-system air conditioning
- Security screens
- Blinds throughout
- Double lock-up garages

Located in Cairns’ high-demand northern corridor, close to James Cook University, Smithfield Shopping Centre, local schools and major employment hubs. Easy access to both Cairns CBD and the Northern Beaches ensures consistent rental demand and long-term growth potential.

A true set-and-forget investment offering immediate cash flow, secure long-term leases, future rental upside and no body corporate.

For further information contact Ben Johnston from Property Shop Cairns.
Type
Duplex/Semi-detached
Bedrooms
7
Bathrooms
4
Parkings
4
Area
850 m²

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