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Versatile Dual Key Living with Strong Income Potential For Sale
Versatile Dual Key Living with Strong Income Potential Versatile Dual Key Living with Strong Income Potential

3/210 Grafton Street, Cairns North, QLD, 4870

Versatile Dual Key Living with Strong Income Potential

Unit
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Saturday, March 21, 2026 ( See property details for 3/210 Grafton Street, Cairns North, 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 versatile dual key residence in Cairns North offering excellent income potential, modern living spaces, and prime central location.

🏡 Property Highlights

  • Dual key configuration offering flexible income streams
  • Two secure undercover car parking spaces included
  • Prime central Cairns North location close to CBD and amenities
  • Currently leased with strong rental potential and scope to add value
  • Separate self-contained apartments ideal for long-term or short-stay rentals
  • Opportunity to enhance returns with additional European laundries

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Security Screens / Gates
  • Built-in Robes
  • Garage / Secure Parking
  • Internal Laundry
  • Pet-Friendly
  • Fly Screens
  • Waterfront / Views
  • Low-Maintenance Yard

Cairns North is a vibrant suburb renowned for its proximity to the Cairns CBD, Esplanade, and medical precinct. It offers excellent walkability, a lively community atmosphere, and easy access to beaches and parks. The area is experiencing ongoing infrastructure development, making it an attractive choice for investors and residents alike. With a mix of modern apartments and established amenities, Cairns North combines convenience with lifestyle appeal.

What are the current rental yields for this dual key property?
The combined rental income is approximately $950-$1000 per week, with potential for increased returns by adding value or short-term letting options.
Can the apartments be used for short-term holiday rentals like Airbnb?
Yes, the property is suitable for Airbnb or holiday letting, subject to local council regulations and approvals.
What are the ongoing body corporate fees and council rates?
The body corporate fees are affordable, with full disclosure available upon request. Council rates are approximately $1,633 per half year.
Is there scope to add separate laundries to each unit?
Yes, there is potential to enhance the property's value by installing European laundries in each apartment for full separation.
Are there any restrictions or upcoming developments in the area that could affect the property?
Major infrastructure and medical precinct expansion are underway, which are expected to positively influence property values and demand.
Are there any hidden costs or upcoming special levies associated with the body corporate? Has the property been inspected for any structural defects or pest issues? Are there any zoning restrictions or easements that could impact future modifications? What is the history of the property's compliance with building codes and regulations? Are there any planned developments or construction nearby that could cause noise or disruption? Is the property located in a flood or bushfire-prone area? Are there any restrictions on short-term rentals or Airbnb use in this complex? What are the terms of the current lease, and are there any upcoming lease expirations? Is there any ongoing maintenance or repairs planned for the complex? Are there any strata or body corporate disputes or issues that buyers should be aware of?

3/210 Grafton Street, Cairns North, QLD, 4870 - More Details

Versatile Dual Key Living with Strong Income Potential

Positioned in the heart of Cairns North, this rare dual key residence at 3/210-218 Grafton Street delivers flexibility, space, and strong income potential in one smart package. A genuine standout in the market, this property is configured as a fully self-contained 1-bedroom, 1-bathroom apartment alongside a spacious 2-bedroom, 1-bathroom apartment. Far superior to the typical studio and 1-bedroom dual key setups, opportunities like this are few and far between. Designed for practicality and liveability, both apartments feature generous open-plan living and dining areas, full kitchens, and their own private balconies. The two-bedroom side offers a larger layout with a well-proportioned master bedroom, while the one-bedroom apartment provides comfortable, self-contained living, ideal for long-term tenancy or short-stay accommodation. The property also benefits from two secure undercover car parking spaces, a rare and highly desirable inclusion for dual key living in this central location. Whether you're looking to: • Secure dual income streams • Live in one and rent the other • Capitalise on Airbnb or holiday letting • Enter the market with income support This property delivers the ultimate flexibility. Currently, the one-bedroom apartment is leased to a quality long-term tenant, while the freshly painted two-bedroom side is vacant and ready for immediate occupancy or rental. Attention Investors: • Council Rates: $1,633 approx. half yearly • Affordable body corporate fees - full Seller's Disclosure Statement and Form 33 available upon request • Rental Appraisal: Unit 3A: $400-$430 per week approx. Unit 3B: $550-$570 per week approx. • Current achieving: Unit 3A: $400 per week until June 2026 Unit 3B: Vacant • Securely tenanted with scope to add value • Video walkthrough avaliable via WhatsApp Set within a secure, gated complex, this is prime real estate just moments from the Cairns CBD, Esplanade, hospitals, and key amenities. There is also scope to further enhance returns by adding European laundries to each unit for full separation. With major infrastructure investment and medical precinct expansion underway in Cairns, this is the kind of property buyers look back on and wish they had secured. They simply don't build them like this anymore, and at this price point, they may never again. Don't miss your chance to secure one of Cairns North's most versatile investment opportunities. Contact Natasha Whalley-Thompson on 0487 154 973 to arrange your private inspection. A minimum of 48 hours' notice is required due to tenancy.
Type
Unit
Bedrooms
3
Bathrooms
2
Parkings
2

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