15/171-179 Mcleod StreetCairns North QLD 4870
Property Details for 15/171-179 Mcleod St, Cairns North
15/171-179 Mcleod St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 96m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.
Last Listing description (May 2026)
Positioned in a well-maintained complex in sought-after Cairns North, this townhouse presents an outstanding opportunity for the savvy investor seeking immediate rental income with significant future growth potential.
Currently tenanted by reliable, long-term occupants since 2019, the property offers stability from day one. The existing lease is secured until September 2026, with tenants expressing a strong desire to remain-providing continuity and peace of mind for the next owner.
Returning $425 per week, the property is currently performing below market value, with a rental appraisal indicating a potential increase to approximately $550-$600 per week. This presents a clear opportunity to enhance yield in the near future.
Key Investment Highlights:
- Long-term tenants in place since 2019
- Lease secured until September 2026 with tenants keen to stay on
- Current rent: $425 per week
- Rental appraisal: $550-$600 per week
-Body corporate fees: approx. $4,800 per annum
- Council rates: approx. $3,200 per annum
Located just minutes from the Cairns CBD, expanding hospital precinct, and Esplanade, this is a high-demand rental area that continues to attract quality tenants.
Enquire to receive a copy of the following documents:
Sellers Disclosure
Buyers Guide
Property Summary
Rental Appraisal
Offer Form
Whether you're expanding your portfolio or securing your first investment, this is a low-maintenance, high-potential property that ticks all the right boxes.
**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 endeavor 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.
Property History for 15/171-179 Mcleod St, Cairns North, QLD 4870
- 20 May 2026Sold for $425,000
- 28 Apr 2026Listed for Sale Offers in the $400,000s
- 03 Aug 2020Sold for $220,000
Recent sales nearby
See more recent sales nearby/assets/perm/sbjt64j3dmi6povqzous5vlxmi?signature=ab21fd2fe211762f651d5315729ccd3cd5f6dec43144a20b267866866f01d083){kind=logo}
0/assets/perm/vl5yx7i32qi6vnj67ul375mgky?signature=767ebe2966b989bc02c89f68dd852a5f76915c5e20954058e328fe76eb8c8afb){kind=logo}
0
/assets/perm/rpcd6laae4i6vahp2v6yn3artu?signature=aeaef68378f2f190886377b78572c316ba74a713a601c624f9f5bd757c22d938){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0About Cairns North 4870
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 3,992 properties. Over the last 5 years, Houses in Cairns North have seen a 51.27% increase in median value, while Units have seen a 102.53% increase. As at 30 June 2026:
- The median value for Houses in Cairns North is $793,888 while the median value for Units is $498,626.
- Houses have a median rent of $695 while Units have a median rent of $550.
Suburb Insights for Cairns North 4870
Market Insights
Cairns North Trends for Houses
N/A
N/A
View TrendN/A
N/A
Cairns North Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
