21/186-188 Mcleod St, Cairns North is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 89m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.
Opportunities like this are tightly held - a dual-key apartment in the heart of Cairns North, delivering flexibility, strong demand and immediate income appeal with phenomenal returns.
Held on one title, this smartly configured property offers two residences, making it ideal for investors, SMSF buyers or owner occupiers wanting to offset their mortgage. Whether leased separately, lived in while renting the other, or held as a long-term growth asset, the options here are compelling.
Positioned in one of Cairns' most consistent rental locations, the property sits just minutes from the CBD, hospital precinct, Esplanade and transport links, ensuring ongoing demand from professionals, tenants either long or short term.
This property is being offered with a clear instruction to sell. Inspections will be limited, and interest is expected to be strong given the scarcity of dual-key stock and rental return in Cairns North.
This is not a listing that will linger - buyers ready to act will be rewarded.
**Limited inspection opportunities**
Body Corporate: Approx $11,400pa
Rental Income: Approx $850pw
Rates: Approx $3,200pa
Please enquire to receive a copy of the following documents:
Property Summary
Sellers Disclosure
Buyers Guide
Rental Appraisal
EGM & AGM Minutes
Offer Form
If you're searching for a strategic addition to your portfolio, this is a value-packed opportunity in a central position close to Cairns CBD.
**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.
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 3,994 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:
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