$888,000

11 Bed  •  3 Bath  •  2 Car  •  475m²

Main view of Homely house listing, 307 Lake Street, Cairns North QLD 4870
Second view of Homely house listing, 307 Lake Street, Cairns North QLD 4870
Third view of Homely house listing, 307 Lake Street, Cairns North QLD 4870
+8

Sold

307 Lake Street, Cairns North QLD 4870

Copy address

$888,000

  • 11
  • 3
  • 2
  • 475m²

House Sold on Thu 14 Nov, 2024

What's around Lake Street

House description

“A True Cash Cow in Cairns City - Ready to Milk!”

Investors gather 'round because this rare Queenslander is your golden opportunity to let the money roll in! Nestled in the heart of Cairns, just one street back from the Esplanade and a short stroll from the hospital precinct, this gem is not only in a prime location but also offers serious earning potential.

With 11 bedrooms across two levels, this property has "cash flow machine" written all over it (STCA)

Downstairs:
- 6 Bedrooms
- 2 Bathrooms
- Kitchen
- Laundry
- Open-plan living/dining

Upstairs:
- 5 Bedrooms
- 3 Bathrooms
- Kitchen
- Front deck

Secure parking behind a large sliding gate, with space for 2 vehicles, or a small fleet of scooters for your eco-friendly tenants.

With 11 rent-able rooms (STCA) in one of Cairns' most sought-after spots, you're looking at a potential rental income of over $2,000 per week. That's right - this property has all the makings to deliver some juicy returns straight to your pocket.

This property does need a bit of work, but whether you're an investor ready to milk the potential (pun intended) or looking to live in one section and let your tenants pay the mortgage, this property is one that simply doesn't come up every day.

INSPECTIONS BY APPOINTMENT - Contact Adam Saitta at Benchmark RE Cairns 0478 901 516 OR Bruce Holmes @Holmes Realty 0402 348 695

Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavors have been made to ensure the information contained is true and accurate. The photos may include digital staging, and the furniture may not represent what is at the property. We accept no responsibility or liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective buyers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Property features

ensuites

Ensuites: 1

toilets

Toilets: 3

Building details

Area: 234m²

Land details

Area: 475m²

Property video

Can't inspect the property in person? See what's inside in the video tour.

Fourth view of Homely house listing, 307 Lake Street, Cairns North QLD 4870View more
Fifth view of Homely house listing, 307 Lake Street, Cairns North QLD 4870View more

Contact the real estate agent

This property has been sold
But you can still contact the agent
307 Lake Street, Cairns North QLD 4870
By submitting your enquiry, you agree to our Privacy Policy.

Nearby schools in and around Cairns North, QLD

Top reviews by locals of Cairns North, QLD 4870

Discover what it's like to live in Cairns North before you inspect or move.

Discussions in Cairns North, QLD

Wondering what the latest hot topics are in Cairns North, Queensland?

Similar Houses for sale in Cairns North, QLD 4870

Properties for sale in nearby suburbs

Report Listing