10/201-203 McLeod Street, Cairns North, Qld 4870

Offers Over $399,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings
109 m²
Area

Published on Thursday, May 14, 2026 ( See property details for 10/201-203 McLeod Street, Cairns North, Qld 4870)

Offers Over $399,000

Daniel Gibbs Director, Property Sales & Auctioneer
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A well-positioned, top-floor Cairns North unit offering immediate rental income, modern amenities, and future owner-occupier potential in a high-demand area.

🏡 Property Highlights

  • Immediate income with a secure lease until October 2026
  • Top-floor, rear-position unit in a quiet, sought-after location
  • Strong gross yield of approximately 6.5%
  • Partially furnished with essential furniture included
  • Private balcony with leafy outlook and natural light
  • Well-maintained complex with sparkling in-ground pool

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)

Cairns North is a vibrant, highly sought-after suburb known for its proximity to the Esplanade, Cairns Hospital, and the CBD. It offers a lively café and restaurant scene, excellent public transport, and a strong rental demand, making it ideal for investors and owner-occupiers seeking convenience and lifestyle. The area features well-maintained complexes, leafy surroundings, and easy access to outdoor amenities, ensuring a high quality of life for residents.

What is the current rental income and lease term?
The property is currently leased at $495 per week with a lease secured until 28 October 2026.
What are the main features of this unit?
This top-floor unit features open-plan living, a private balcony with leafy outlook, well-appointed kitchen, generously sized bedrooms with built-in wardrobes, and a bathroom with internal laundry.
Is the property furnished?
Yes, the unit is partially furnished, including a lounge, TV, cabinet, dining set, and bed.
What amenities are available in the complex?
The complex includes a sparkling in-ground pool and well-maintained common areas, with body corporate fees of approximately $8,698.36 annually.
What is the potential for future owner-occupiers?
Once the lease concludes, the property offers excellent potential for owner-occupiers seeking a modern, well-located unit in Cairns North.
Are there any upcoming or planned maintenance works or special levies for the complex? Are there any zoning restrictions or easements affecting the property? Has the property been inspected for any structural or pest issues? Are there any restrictions on future renovations or modifications? What are the long-term plans for the surrounding area that could impact the property’s value? Is the property located in a flood or bushfire-prone zone? Are there any ongoing or upcoming developments nearby that could cause noise or disruption? What are the details of the body corporate management and any potential additional costs? Are there any existing or past issues with the property's compliance or approvals? Is there any history of disputes or complaints within the complex?

10/201-203 McLeod Street, Cairns North, Qld 4870 - More Details

Offers Over $399,000

Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
Area
109 m²

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