High Yield Queenslander on 353m² Close to Cairns CBD with Strong Holding Income and Future Potential

For Sale

16 Nelson St, Bungalow, QLD, 4870

High Yield Queenslander on 353m² Close to Cairns CBD with Strong Holding Income and Future Potential

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Bedrooms

Bathrooms

Parkings

Published on Tuesday, April 07, 2026 ( See property details for 16 Nelson St, Bungalow, QLD, 4870)

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AI Property Insight

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

A beautifully renovated Queenslander on a flat city-fringe block offering dual rental income, classic charm, and outstanding future growth potential in Cairns.

🏡 Property Highlights

Timeless Queenslander character with soaring ceilings and tulip oak floors
Excellent city-fringe location close to Cairns CBD
Flexible dual rental income with immediate cash flow
Set on a flat 353m² block with fantastic street appeal
Potential for future capital growth in a sought-after area
Separate metered electricity and individual laundries for each tenancy

✨ Key Features

Open-Plan Living
Built-in Robes
Waterfront / Views
Outdoor Area
Secure Parking
Home Office / Study
Ceiling Fans
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)

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16 Nelson St

Bungalow, QLD 4870

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Suburb and Property Insights of Bungalow, QLD 4870

Bungalow offers a vibrant inner-city lifestyle with close proximity to Cairns CBD, excellent local amenities, and a strong community atmosphere. The suburb features a mix of character homes and modern developments, making it ideal for investors and families alike. Its convenient location provides easy access to schools, parks, and public transport, ensuring a highly walkable and connected living experience. The area is poised for future growth, making it a strategic choice for long-term investment. Enjoy the relaxed tropical climate and the convenience of city living in this highly desirable suburb.

Frequently Asked Questions

What is the condition of the property and its recent renovations?

The property has been beautifully renovated, showcasing classic Queenslander features with modern updates, ensuring a high standard of condition and appeal.

Is the lower level legally approved as a separate dwelling?

No, the lower level is not approved as a separate dwelling and is not of legal height, but it provides additional utility space and rental income.

What are the rental yields and lease terms for each tenancy?

The upstairs tenancy rents for $570 per week with a lease ending on 13/04/2027, while the downstairs tenancy also rents for $570 per week with a lease ending on 25/08/2026.

What future development or growth potential does the area offer?

The property is located in a growth corridor close to Cairns CBD, with strong potential for capital appreciation and future development opportunities.

Are there any additional costs or fees associated with the property?

Water is supplied via a single meter and paid by the landlord; electricity is separately metered for each tenancy, and building and pest inspections are available upon request.

What to ask about this property to agent?

Are there any upcoming planning or development applications in the area that could affect the property's value or character? What are the zoning restrictions and potential for future extensions or modifications? Are there any known issues with the property's foundation, plumbing, or electrical systems? Is there any history of flooding or bushfire risk in this location? Are there any strata or body corporate fees applicable if the property is part of a larger development?

16 Nelson St, Bungalow, QLD, 4870 - More Details

High Yield Queenslander on 353m² Close to Cairns CBD with Strong Holding Income and Future Potential

Type: House
Bedrooms: 6
Bathrooms: 2
Parkings: 2

16 Nelson St, Bungalow, QLD, 4870 - Point Of Interest

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16 Nelson St, Bungalow, QLD, 4870

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