16/147-155 Mcleod StreetCairns North QLD 4870
Property Details for 16/147-155 Mcleod St, Cairns North
16/147-155 Mcleod St, Cairns North is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 120m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom Unit sold in Cairns North in the last 12 months.
Last Listing description (October 2025)
Located on the top floor of the reputable "Koala Court', apartment 16 offers an exceptional investment opportunity, with unmatched holiday rental yields, strong reoccurring demand and room for further capital appreciation, all while giving the owner the highly attractive option of utilising the property during their own holiday getaways.Features we love;- High yielding holiday let returns- Top floor location, offers best in complex views- Corner location, maximises available natural light and breeze- New tiled flooring throughout- Brand new ensuite- Sold fully furnished, in turn key state- Dedicated onsite management and holiday let facilities- Close proximity to CBD- Covered Parking for guests- Secure gated complex with manicured resort gardensThe Figures;- Attractive returns of 6.4% Net- Body corp levies; appor $9000 per annum (awaiting disclosure statement)- Council rates; approx $3200 per annum- Built circa 1995- 120m2 on title- Small complex of just 20 apartmentsPositively geared investment properties are quickly becoming nigh on impossible to find, could this be one of the last chances to secure a property that puts cash back in your pocket? With a strong, reliable history of holiday let returns, repeat clientele and corporate demand, it's little wonder this apartment has stayed with the same owner for almost 20 years.Due to the high number of bookings this property experiences, inspections are strictly by appointment only. For all inquiries or to arrange in inspection, contact Tim Lyon - apartment specialist, on 0400 3557 06All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
Property History for 16/147-155 Mcleod St, Cairns North, QLD 4870
- 29 Jul 2025Sold for $452,500
- 17 Jul 2025Listed for Sale SOLD BY TIM LYON
- 10 Jan 2006Sold for $295,000
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About 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 62.10% increase in median value, while Units have seen a 103.05% increase. As at 31 May 2026:
- The median value for Houses in Cairns North is $815,536 while the median value for Units is $493,991.
- Houses have a median rent of $670 while Units have a median rent of $540.
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