Off-Market Investment Opportunity: Recently Renovated Top-Floor Studio Apartment in Cairns Holiday Lodge

Studio - Cairns North QLD

Presenting an excellent off-market investment opportunity in the heart of Cairns North – this top-floor, self-contained studio apartment in the popular Cairns Holiday Lodge offers a fantastic return on investment. With a healthy occupancy rate driven by proactive management and strong promotion, this property is perfect for those looking for a low-maintenance investment or a getaway spot in Cairns. Ideal for short stays or holidaymakers, it continues to generate consistent income, making it a great addition to any portfolio.

Location Benefits: This apartment is ideally located just a stone’s throw from Cairns City Centre and only a short stroll to the vibrant Esplanade. Perfect for both tourists and locals, you’ll be within walking distance of cafes, restaurants, retail outlets, and public transport options. Plus, it’s just a short drive to Cairns Airport, the hospital, and the city’s major attractions.

Whether you’re entering the Cairns property market or adding a high-performing asset to your investment portfolio, this well-located apartment offers excellent returns. Don’t miss out – this property is sure to be snapped up quickly!

– Kitchenette for convenience
– Open-plan living/dining area
– Split-system air conditioning for comfort
– One bathroom with a shower over bath
– Private balcony for relaxation
– In-ground swimming pool and BBQ area within the complex
– On-site management available for easy operation
– Body Corporate Fees: Approx. $9,312 p/a
– Council Rates: Approx. $3,104 p/a
– QLD Health Agreement with on-site manager, renewed annually in November (agreement extended until November 2025)
– Estimated Rent Range: $405/week (High Confidence)
– Estimated Yield: 10.46% plus.

Rental Income: Please note that rental income can vary from month to month, as QLD Health pays after a guest has exited. Some months see higher income when multiple guests from previous months have exited, while other months may have lower income as guests stay for extended periods.
Income for the period from April 2024 to March 2025 totaled APPROX. $24,197.18.

DISCLAIMER
All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions, (including but not limited to a property’s land size, floor plans and size, building age and condition).
Interested parties should make their own enquiries and obtain their own legal advice.