{"Slug":"studio-24-35-37-louie-piccone-way-edmonton-qld-4869","CanonicalUrl":"https://realsearch.com.au/studio-24-35-37-louie-piccone-way-edmonton-qld-4869","Address":"24/35-37 Louie Piccone Way, Edmonton, Qld 4869","Suburb":"Edmonton","State":"QLD","Postcode":"4869","PropertyType":"Studio","Status":"Sold","Headline":null,"Description":"Positioned within the well-known Gateway Lodge Apartments, this low-maintenance studio presents an excellent opportunity for investors seeking immediate returns and future growth.The property offers a practical and functional layout, complete with its own undercover carport directly beneath the unit. Inside, the studio has been refreshed throughout, featuring an updated kitchen, air-conditioning, and washing machine taps for added convenience.Currently tenanted at $320 per week , the property provides instant income, with strong future rental potential estimated between $380-$420 per week.Residents of the complex enjoy access to an in-ground swimming pool, along with an onsite coin-operated laundry. The location is highly convenient, just moments from local shops including IGA, childcare facilities, and positioned on a bus route with direct access to the Cairns CBD.- Studio apartment with 1 bedroom / 1 bathroom- Undercover carport positioned beneath the unit- Updated kitchen and refreshed interiors- Air-conditioned for year-round comfort- Washing machine taps within the unit- In-ground swimming pool within the complex- Onsite coin-operated laundry- Close to shops, childcare and public transport- Current Rent: $320 per week- Rental Potential: $380-$400 per week- Body Corporate Fees: approx. $935 per quarter- Council Rates: approx. $3,200-$3,300 per annumWith low maintenance, solid returns, and upside potential, this is the ideal set-and-forget investment.","YearBuilt":null,"LandArea":null,"Price":{"Currency":"AUD","Amount":null,"Display":"Offers Over $215,000"},"Bedrooms":"1","Bathrooms":"1","Parking":"1","Features":[{"Name":"Bedrooms","Value":"1"},{"Name":"Bathrooms","Value":"1"},{"Name":"Carports","Value":"1"},{"Name":"House Size","Value":"29 m²"}],"Inspections":[],"Auctions":[],"TimeZone":"AUS Eastern Standard Time","Latitude":-17.02685844,"Longitude":145.74719713,"Agent":{"Name":"Tate Robinson","CanonicalUrl":"https://realsearch.com.au/tate-robinson-real-estate-agent-from-one-stop-property-cairns"},"Agency":{"Name":"One Stop Property - Cairns","CanonicalUrl":"https://realsearch.com.au/one-stop-property-cairns"},"CreatedAt":"2026-05-06T08:02:28.2754149","UpdatedAt":"2026-09-19T11:12:38.0333333"}