20/186-188 McLeod Street Cairns North, QLD 4870

Positioned just minutes from the Cairns Esplanade, hospitals, and CBD, this well-presented dual key two-bedroom apartment offers investors the ideal combination of location, low maintenance, and reliable returns.

Set in a secure complex with resort-style amenities, the property appeals strongly to both long-term tenants and short-stay occupants-ensuring consistently high demand.

Property Features:

• Two generous bedrooms, both with built-in robes and new split system air-conditioning
• Open-plan living and dining
• Renovated modern kitchen with ample storage and bench space
• Hybrid flooring throughout for easy maintenance
• Internal laundry
• Secure complex with resort pool and off-street undercover parking

Investment Highlights:

• Currently leased to quality tenants seeking longevity
• Strong rental return with excellent occupancy history
• Low body corporate fees relative to the location and facilities
• Freshly painted and well maintained complex

Current Tenancy Details
• Current rental income: $610pw (ends 9 July 2026)
** Rent can be increase upon appropriate notification **

Last Rates Notice - $1,638.31 (bi-yearly)
Last Body Corporate Levy - $2,678.03 (quarterly)

Proven performer in a high-demand rental corridor close to employment hubs and lifestyle amenities

Whether you're looking to expand your portfolio or secure a solid entry into the Cairns investment market, this apartment delivers the numbers and the location to back it up.

**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.