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307 Lake Street, Cairns North QLD 4870

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307 Lake Street, Cairns North QLD 4870

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Bedrooms
11 beds
Bathrooms
3 baths
Parking
2 parking

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 Details

  • Type: House
  • Bedrooms: 11
  • Bathrooms: 3
  • Ensuites: 1
  • Toilets: 3
  • Other Parking: 2
  • Building Area: 234 m² (approx)
  • Land Area: 475 m² (approx)
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463 Nepean Highway, Frankston VIC 3199

1300 438 439

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ADAM SAITTA

Call Adam Saitta on
0478901516

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