20/261-265 Sheridan Street, Cairns North, Qld 4870

Offers Over $249,000

House
Type
2
Bedrooms
1
Bathrooms
1
Parkings
59 m²
Area

Last updated on Tuesday, June 30, 2026 ( See property details for 20/261-265 Sheridan Street, Cairns North, Qld 4870)

Offers Over $249,000

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

A modern, low-maintenance two-bedroom unit in a secure complex with private balconies and excellent amenities, perfect for investors or owner-occupiers in Cairns North.

🏡 Property Highlights

  • Prime Cairns North location close to CBD and amenities
  • Two private balconies for outdoor living
  • Currently tenanted with immediate rental income of $480/week
  • Access to communal swimming pool and laundry facilities
  • Secure complex with dual access via Sheridan and McLeod Streets
  • Low-maintenance 59m² modern unit ideal for investors or owner-occupiers

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Swimming Pool
  • Laundry
  • Secure Parking
  • Built-in Robes
  • Pet-Friendly
  • Ensuite
  • Air Conditioning
  • Home Office / Study

Cairns North is a vibrant suburb renowned for its central location, close proximity to the CBD, Esplanade, and hospital. It offers excellent walkability, diverse dining options, and easy access to beaches and parks. The area is popular among both investors and residents seeking a relaxed lifestyle with urban convenience. Local amenities and public transport are readily accessible, making it an ideal place to live or invest.

What is the current rental income and lease expiry date?
The property is currently tenanted at $480 per week, with the lease expiring on 07/07/2026.
Are there any restrictions on short-term or holiday letting?
Short-term or holiday letting may be possible subject to complex approvals and local regulations.
What amenities are available within the complex?
Residents have access to a communal swimming pool, laundry facilities, and secure pedestrian access.
Is the property suitable for first-time buyers or investors?
Yes, the property offers a low-maintenance lifestyle with strong rental potential, making it ideal for both first-time buyers and investors.
What are the parking arrangements?
The complex provides rear car parking with access via McLeod Street, along with secure pedestrian access.
Are there any upcoming or planned developments in the area that could affect the property's value or living environment? Has the property been inspected for any structural or pest issues? Are there any strata or body corporate fees, and what do they cover? Is the property compliant with all building and safety regulations? Are there any easements, zoning restrictions, or covenants affecting the property? What are the potential costs for ongoing maintenance or repairs? Is there any history of flooding or bushfire risk in this area? Are there any planned renovations or construction nearby that could impact privacy or noise levels? What are the terms of the current lease, and are there any restrictions on future tenancy options? Are there any additional costs or fees not included in the purchase price, such as council rates or insurance?

20/261-265 Sheridan Street, Cairns North, Qld 4870 - More Details

Offers Over $249,000

Type
House
Bedrooms
2
Bathrooms
1
Parkings
1
Area
59 m²
House Size
53 m²

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