26 Lake Placid Road, Caravonica QLD 4878

Dual Living Opportunity with Exceptional Flexibility & Investment Appeal

House
Type
6
Bedrooms
2
Bathrooms
1
Parkings
244.0 m2
Area

Last updated on Wednesday, July 29, 2026 ( See property details for 26 Lake Placid Road, Caravonica QLD 4878)

$850,000

Ben Keene Sales Agent for The Ray Murphy Team
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile dual living property in Cairns offering excellent income potential and flexible lifestyle options on a spacious 959m2 block.

🏑 Property Highlights

  • Dual self-contained residences on one title for versatile living options
  • Strong rental income potential with $650 per week until July 2026
  • Prime location close to Cairns Airport, CBD, and lifestyle amenities
  • Spacious open plan living and dining areas in both residences
  • Low-maintenance tropical living with air-conditioning and tiled floors
  • Situated on a generous 959m2 block with proximity to parks and walking tracks

✨ Key Features

  • Open-Plan Living
  • Air Conditioning
  • Built-in Robes
  • Outdoor Area
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
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26 Lake Placid Road
Caravonica, QLD 4878
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Vertical aerial view β€” 26 Lake Placid Road
26 Lake Placid Road — Vertical Aerial  •  Caravonica, QLD 4878  •  Nearmap © 2026

Caravonica offers a highly convenient and well-connected lifestyle with close proximity to Cairns Airport, CBD, and scenic walking trails. The suburb features lush parks, local schools, shopping facilities, and easy access to both northern beaches and southern Cairns. Its vibrant community and excellent amenities make it an ideal location for families, investors, and those seeking a relaxed tropical lifestyle.

What are the current rental income details and potential for future growth?
The property currently achieves $650 per week until July 2026, with strong potential for rental growth given its location and dual living setup.
Are there any planning or zoning restrictions for dual occupancy in this area?
Dual occupancy is permitted on this property, but prospective buyers should verify local zoning regulations with Cairns City Council.
What are the ongoing maintenance costs associated with the property?
Maintenance costs are generally low due to the tiled and air-conditioned interiors, but owners should budget for routine upkeep and property management if leased.
Is there any history of flooding or bushfire risk in this location?
The property is situated in a low-risk flood and bushfire zone; however, buyers should review local environmental reports for detailed risk assessments.
Are there any upcoming developments or planning activities nearby that could impact the property?
Prospective buyers should consult local planning authorities for information on future developments that may affect the area.
Are there any hidden costs or strata fees associated with the property? Has the property been inspected for structural issues or pest infestations? Are there any easements or covenants affecting the property? Is the property compliant with all building and safety regulations? Are there any planned infrastructure projects nearby that could cause noise or disruption? What are the zoning restrictions for future modifications or extensions? Has the property been affected by flooding or environmental hazards in the past? Are there any existing warranties or guarantees on the property’s fixtures and fittings? Is there any ongoing or upcoming construction activity in the vicinity? What are the council rates and other ongoing costs associated with the property?

26 Lake Placid Road, Caravonica QLD 4878 - More Details

Dual Living Opportunity with Exceptional Flexibility & Investment Appeal

Proudly welcomed to the market by "The Ray Murphy Team", this versatile dual living property presents an outstanding opportunity for investors, extended families or buyers seeking additional income potential in a highly convenient Cairns location. Offering two fully self-contained residences on the one title, the property provides flexibility rarely found in today's market, with the option to live in one and lease the other, accommodate multigenerational living or maximise returns through dual rental income.

Positioned within close proximity to the Barron River, walking trails and key lifestyle amenities, the property combines practical living with exceptional accessibility, making it an attractive proposition for both owner occupiers and investors alike.

Property Highlights:
β€’ Two fully self-contained residences on one title on a 1,031m2 block
β€’ Each residence offers three generous bedrooms and one bathroom
β€’ Spacious open plan living and dining areas
β€’ Functional kitchens with ample storage and bench space
β€’ Tiled and air-conditioned throughout for low-maintenance tropical living
β€’ Separate laundries servicing each residence
β€’ Individually metered for added convenience and flexibility
β€’ Ideal for dual occupancy, multigenerational living or investment purposes
β€’ Strong rental appeal with excellent income potential
β€’ Rental Income/Appraisal: $1,300 - $1,400 combined per week
β€’ UNIT 1: $650.00 - $700.00 PER WEEK
β€’ UNIT 2: $650.00 - $700.00 PER WEEK

Perfectly positioned only moments from the Cairns International and Domestic Airports, Cairns CBD, Esplanade and Hospital precinct, the property also enjoys convenient access to both the Northern Beaches and southern corridor of Cairns. Surrounded by local parks, walking tracks, schools, shopping facilities and lifestyle attractions, this is an opportunity to secure a versatile property in one of Cairns' most well-connected suburbs.

Contact "The Ray Murphy Team" today to register your interest and arrange your inspection.

Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/PVeZp

Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.
Type
House
Bedrooms
6
Bathrooms
2
Parkings
1
Area
244.0m2

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