10/324-328 Sheridan St, Cairns North is a 2 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 52m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.
Welcome to Unit 10 at Makaira Lodge Cairns North. This is a well-presented investment with a tenant secured until 16 April 2027.
The modern updated unit offers two bedrooms, one bathroom plus some handy extras including a dishwasher, washing machine and dryer.
The kitchen, dining and living area offers a practical space to live in. Both bedrooms are a good size with a built-in wardrobe in the primary. There's a single car space right outside the unit.
Its already set up and working well as an investment.
The big bonus here is that you don't need to find a tenant before you start receiving rent. The property is tenanted until April 2027, with a good rental return of $499 per week.
For investors like you wanting something simple and straightforward, this one is worth a look.
Property Features:
- Two bedrooms, one bathroom
- One car space
- Split system in all rooms
- Modern, well-presented interior
- Built-in robe in primary
- Dishwasher
- Washing machine and Dryer included
Complex Features:
- Central location along Sheridan and Smith Street
- Easy walk to Dunwoody's, Hungry Jack's, Esplanade and Tobruk Pool
- Close to Cairns Hospital and JCU Campus
Key Figures:
- Body Corporate = $3,833.33 per annum
- Council Rates = approx. $3,500 per annum
- Current rent = $499 per week
- Currently tenanted until April 2027
Contact Ian Nathan on 0405 845 535 to arrange an inspection.
DISCLAIMER: We believe this information to be accurate and reliable, however we cannot guarantee its accuracy. Interested parties should make their own enquiries and rely on their own investigations before making any decisions. Virtual styling has been used in some images to help showcase the potential of the property. Furniture and dcor shown are for illustration purposes only and may not reflect the property as it currently presents.
The size of Cairns North is approximately 2.9 square kilometres. There are 6 parks, covering nearly 9.7% of the total area. The population of Cairns North in 2016 was 5191 people. By 2021 the population was 5334 showing a population growth of 2.8% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation.In 2021, 33.80% of the homes in Cairns North were owner-occupied compared with 29.20% in 2016.
Cairns North has 3,874 properties. Over the last 5 years, Houses in Cairns North have seen a 45.81% increase in median value, while Units have seen a 86.39% increase. As at 30 September 2026:
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