17/85-87 Martyn Street, Parramatta Park, Qld 4870

First Open Home this Saturday!

Unit
Type
2
Bedrooms
2
Bathrooms
1
Parkings
97 m²
Area

Published on Friday, September 11, 2026 ( See property details for 17/85-87 Martyn Street, Parramatta Park, Qld 4870)

First Open Home this Saturday!

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

A spacious, well-located two-bedroom, two-bathroom apartment in Parramatta Park offering excellent investment potential with secure tenants and resort-style amenities.

🏡 Property Highlights

  • Secure long-term tenants until July 2027 with a strong rental income of $475 per week
  • Prime city-fringe location in the highly sought-after Parramatta Park, close to Cairns CBD
  • Spacious 97m² open-plan layout with natural light and air-conditioning throughout
  • Private patio area perfect for relaxation amidst tropical surrounds
  • Two generous bedrooms, including a main with private ensuite
  • Resort-style complex featuring a tropical swimming pool

✨ Key Features

  • Swimming Pool
  • Air Conditioning
  • Ensuite
  • Outdoor Area
  • Built-in Robes
  • Secure Parking
  • Open-Plan Living
  • Internal Laundry
  • Balcony
  • Pet-Friendly

Parramatta Park is a highly desirable suburb offering convenient access to Cairns CBD, lush tropical surroundings, and a vibrant community atmosphere. It boasts excellent amenities, parks, and public transport options, making it ideal for both residents and investors seeking a relaxed yet accessible lifestyle. The area is known for its well-maintained properties and strong rental demand, ensuring a stable investment environment.

What are the current rental income and potential returns for this property?
The property is currently leased at $475 per week, with a rental appraisal of approximately $590-$610 per week, offering a strong rental yield for investors.
What amenities are available within the complex?
The complex features a tropical swimming pool, secure lock-up garage, and well-maintained communal areas, providing a resort-style living experience.
Is the property suitable for first-time investors?
Yes, with its low-maintenance design, secure tenancy, and excellent location close to Cairns CBD, this property is ideal for first-time investors.
What is the condition of the property and recent renovations?
The property is well-maintained, with modern features including air-conditioning and a functional kitchen, and is currently tenanted with no recent renovations required.
Are there any restrictions or body corporate fees?
The body corporate fees are approximately $5,000 per annum, covering maintenance of common areas and amenities.
Are there any upcoming planned maintenance or special levies for the complex? Is there any history of flooding or bushfire risk in the area? Are there any restrictions on leasing or subletting the property? What are the zoning regulations and potential development restrictions in the area? Are there any planned developments or construction projects nearby that could impact the property?

17/85-87 Martyn Street, Parramatta Park, Qld 4870 - More Details

First Open Home this Saturday!

Positioned in the popular "Stanistreet Apartments" complex in tightly held Parramatta Park, this spacious two-bedroom, two-bathroom apartment presents an outstanding opportunity for investors seeking a low-maintenance property close to the Cairns CBD.

Offering a generous 97m² of living, the apartment features a practical open-plan design with plenty of natural light and air-conditioning throughout. The living and dining area flows directly onto a private patio, creating the perfect place to relax and enjoy the tropical surrounds.

The kitchen is positioned at the heart of the home while both bedrooms are generously proportioned. The main bedroom includes its own private ensuite and the main bathroom features a bath. An internal laundry and secure car space add further practicality.

Set within an established complex with a tropical swimming pool, this is an easy-care investment in an incredibly convenient city-fringe location.

Currently leased, with long term tenants, until 21st July 2027 at $475 per week, the property offers immediate rental income with a current rental appraisal of approximately $590 - $610 per week.

Property Features:

* Two generous bedrooms
* Two bathrooms including an ensuite to the main bedroom
* Spacious open-plan living and dining
* Air-conditioning throughout
* Private patio area
* Functional kitchen with ample storage
* Bath in the main bathroom
* Internal laundry
* Secure lock up garage with roller door
* Swimming pool within the complex
* Generous 97m² layout
* Convenient Parramatta Park location close to the Cairns CBD
* Currently leased at $475 per week until 21st July 2027
* Rental appraisal of approximately $590-610 per week
* Body corporate fees of approximately $5,000 per annum
* Full Seller Disclosure Statement coming soon

Offering space, convenience and secure rental income from day one, this is a fantastic opportunity to invest in one of Cairns' most accessible city-fringe suburbs.

Whether you're looking to enter the property market, secure a reliable investment, or add to your portfolio, this is an opportunity not to be missed.

For further information or to arrange a private inspection (minimum 48 hours' notice required due to tenancy), contact Natasha Whalley-Thompson on 0487 154 973. All off the tenants belongings have been digitally removed for privacy reasons. The property is not vacant.
Type
Unit
Bedrooms
2
Bathrooms
2
Parkings
1
Area
97 m²

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