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23/4 Chester Court, Manunda, Qld 4870-Image

23/4 Chester Court, Manunda, Qld 4870

$187,000

Unit

Type

Bedrooms

Bathrooms

Parkings

26 m²

Area

Last updated on Monday, July 06, 2026 ( See property details for 23/4 Chester Court, Manunda, Qld 4870)

$187,000

Natasha WhalleyThompson - Real Estate Agent - Ray White - Cairns

Natasha WhalleyThompson SALES & MARKETING AGENT

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AI Property Insight

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

A well-positioned, low-maintenance first-floor studio apartment in a quiet complex, offering strong rental income potential and flexible ownership options in Cairns.

🏡 Property Highlights

Potential 9.3% Gross Yield* for investors
Affordable entry price into the Cairns market
Quiet complex of only 26 apartments for privacy
Swimming pool within the complex for leisure
Low-maintenance 'Set & Forget' investment opportunity
Flexible periodic tenancy with potential vacant possession

✨ Key Features

First-floor studio apartment (26m²)
Functional kitchenette
Bathroom with freestanding shower
Air-conditioning
Allocated car park
Shared laundry facilities
Swimming pool within the complex
Well-managed body corporate
Low-Maintenance Yard
Open-Plan Living

Suburb and Property Insights of Manunda, QLD 4870

Manunda offers a peaceful suburban lifestyle with convenient access to Cairns city. Key points include: proximity to local amenities, well-maintained public spaces, a strong rental demand, affordable property options, and a friendly community atmosphere.

Frequently Asked Questions

What is the current rental income and potential return on investment?

The property is currently leased on a periodic month-to-month tenancy with an estimated rental income of approximately $375 per week, resulting in a potential gross yield of around 9.3%.

What are the ongoing costs associated with this property?

The approximate annual body corporate levies are $2,200, and council rates are about $1,500 half-yearly. Additional costs may include management fees, maintenance, and insurance.

Is the property suitable for future owner-occupiers?

Yes, the property offers flexibility for future owner-occupiers, with vacant possession potentially available in approximately two months.

What amenities are available within the complex?

The complex features a swimming pool, shared laundry facilities, and a well-maintained environment managed by a professional body corporate.

Can I inspect the property before making a decision?

Inspections require a minimum of 48 hours' notice due to current tenancy, and a video walkthrough can be arranged upon request.

What to ask about this property to agent?

Are there any upcoming or planned maintenance works or special levies that could increase the body corporate fees? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any zoning restrictions or easements affecting the property? What are the terms of the current tenancy, and are there any lease restrictions or conditions? Are there any planned developments or construction projects nearby that could impact the property or its value? Has the property been inspected for structural issues or defects? Are there any strata or body corporate fees not disclosed that could affect ownership costs? Is the property compliant with all local council regulations and building codes? Are there any noise or neighbour-related issues that could affect living or rental conditions? What are the long-term prospects for capital growth in this area?

23/4 Chester Court, Manunda, Qld 4870 - More Details

$187,000

Type: Unit
Bedrooms: 1
Bathrooms: 1
Parkings: 1
Area: 26 m²

23/4 Chester Court, Manunda, Qld 4870 - Point Of Interest

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Email Enquiry To Ray White - Cairns

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Natasha WhalleyThompson

23/4 Chester Court, Manunda, Qld 4870

$187,000

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