79 Hope St, Cooktown is a 1 bedroom, 1 bathroom House with 2 parking spaces and was built in 2018. The property has a land size of 1012m2 and floor size of 48m2.This Property is currently listed for sale with Cooktown Property Agents
This low-maintenance 2 x 1-bedroom modular duplex delivers strong returns and long-term reliability, with Council approval already in place to construct two additional dwellings. Each unit includes a privacy screen, full air conditioning, and security screeningoffering comfort and peace of mind for tenants and minimising vacancy risk.
Centrally located and consistently in demand, the duplex sits toward the rear of the block to maximise future development potential. All service infrastructure is already installed to support further dwellings toward the front, streamlining your next build.
Currently returning greater than 8% gross rental income, this is a set-and-forget investment with excellent cash flowideal for portfolio expansion or a secure market entry.
Features:
- 2 x 1-bedroom modular units
- Council approval to build 2 additional dwellings
- Positioned at the rear; room to develop the front of the block
- All services in place for future builds
- Fully air conditioned and security screened
- Privacy screens to both units
- Central location with strong tenant demand and consistent occupancy
- Gross rental yield >8%
Act fastproperties like this dont last. Contact Karen today for further details or to arrange an inspection.
Property Code: 145
The size of Cooktown is approximately 2145.1 square kilometres. There are 20 parks, covering nearly 19.8% of the total area. The population of Cooktown in 2016 was 2631 people. By 2021 the population was 2746 showing a population growth of 4.4% in the area during that time. The predominant age group in Cooktown is 60-69 years. Households in Cooktown are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cooktown work in a professional occupation.In 2021, 55.30% of the homes in Cooktown were owner-occupied compared with 54.10% in 2016.
Cooktown has 1,842 properties. Over the last 5 years, Houses in Cooktown have seen a 50.43% increase in median value, while Units have seen a 26.39% increase. As at 31 July 2026:
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