3 James Street Cairns North, QLD 4870

A unique investment opportunity offering three separate residences under one roof, combining the timeless character of a traditional Queenslander with the flexibility and income potential of multi-unit living.

Positioned in an exceptionally convenient location just minutes from the Cairns CBD, Esplanade, schools, shopping and public transport, this distinctive property presents an exciting opportunity for investors looking to expand their portfolio, maximise rental returns or capitalise on the growing demand for centrally located accommodation.

Configured into three separate residences, the property comprises a spacious three-bedroom home occupying the upper level, complemented by two self-contained one-bedroom units on the ground floor. This versatile arrangement provides the potential for three individual rental income streams from a single property, making it an attractive proposition for investors seeking flexibility and long-term value.

The upper-level residence captures the charm and character of a traditional Queenslander, showcasing beautiful timber flooring, high ceilings, traditional casement windows and generous living spaces. The layout includes three well-proportioned bedrooms, a spacious kitchen, separate living and dining areas, a large bathroom and an outdoor entertaining deck.

Downstairs, two separate one-bedroom units provide additional accommodation, each offering its own living arrangements and practical facilities. Ideal for tenants seeking affordable, conveniently located accommodation, these units complement the larger residence upstairs and enhance the property's overall rental appeal.

Outside, the property features a generous concreted parking area with extensive undercover parking, established tropical surrounds and shared outdoor spaces, providing practicality and convenience for occupants.

PROPERTY HIGHLIGHTS:

• Upper Level - Three-Bedroom Queenslander
• Three generously proportioned bedrooms
• Spacious living and dining areas
• Character-filled interiors with traditional timber flooring
• High ceilings, casement windows and traditional Queenslander charm
• Functional kitchen with ample bench and cupboard space
• Generous bathroom with bathtub
• Outdoor entertaining deck
• Elevated living capturing natural light and breezes
• Ground Level - Two Separate One-Bedroom Units
• Two individually configured one-bedroom residences
• Each offering practical living accommodation
• Kitchen facilities and bathroom amenities
• Excellent potential for individual rental income streams
• Convenient ground-floor access
• Shared outdoor areas and laundry facilities

Additional Property Features
• Three separate residences comprising five bedrooms in total
• Established property with multiple accommodation options
• Extensive off-street and undercover parking
• Generous outdoor spaces with tropical landscaping
• Convenient access to major transport routes
• Minutes from Cairns CBD, Esplanade, schools and shopping
• Attractive opportunity for investors seeking multiple rental returns
• Potential to further enhance and add value through future improvements

Currently Achieving:

• Unit 1 (3 Bedroom) - $575.00 per week, until Oct 2027
• Unit 2 (1 Bedroom) - $375.00 per week, until Feb 2027
• Unit 3 (1 Bedroom) - $375.00 per week, until Nov 2026

Properties offering this level of versatility in such a convenient location present an exciting proposition for astute buyers.

Whether you are seeking an investment capable of generating multiple rental income streams, considering an opportunity to improve and reposition an established property, or exploring flexible accommodation options, this Queenslander offers plenty of possibilities.

With its combination of character, generous accommodation, extensive parking and proximity to the Cairns CBD, the fundamentals are in place for a compelling long-term investment.

Opportunities of this nature deserve your attention. Contact Ray Murphy or the team at Ray White Cairns to arrange your private inspection and discover the potential on offer.

Contact 'The Ray Murphy Team' today to register your interest!

Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.