123 Oleander St, Holloways Beach is a 6 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1987. The property has a land size of 647m2 and floor size of 198m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Attention Investors! Properties like this rarely come to market.
Offering outstanding flexibility and investment potential, this fully renovated triplex presents a perfect opportunity for savvy investors, owner-occupiers, or downsizers looking to generate additional income. With no body corporate fees and endless possibilities, this beachside property is truly a standout.
Live in one, rent out the others, or lease all three- the options are endless! Don't miss this rare chance to secure a versatile investment within easy walking distance of the beach.
Positioned on a generous 647m flat block, this freestanding triplex has been stylishly renovated and is move-in ready. It provides the perfect blend of lifestyle and income potential, with booming Airbnb demand in Cairns ensuring strong returns from both holidaymakers and long-term tenants.
Constructed from low-maintenance masonry block, this well-maintained property offers multiple income streams in a highly sought-after beachside location. Close to beachfront dining, supermarkets, and local amenities, it's an ideal investment for those looking to diversify their portfolio or make a sea-change.
Property Highlights:
- 647m fully fenced block located just one street back from the beach
- Three spacious, single-level units on one title-no body corporate fees!
- Each unit includes 2 large bedrooms (master with built-in wardrobes), 1 bathroom, and an open plan living/kitchen area
- Air-conditioning throughout
- Generous outdoor entertaining areas for each unit
- Each unit is fully fenced, pet-friendly, and offers individual external laundries
- Low-maintenance masonry block construction, with minimal yard upkeep
- 3 carports with additional space for up to 5 cars, plus ample off-street parking
Facts & Figures:
- No body corporate levies
- Rental Appraisal: $500 - $550 per week, per unit (approx.)
- Airbnb Potential: $150 - $200 per night, per unit (approx.)
- Unit 1: Currently operating on Airbnb
- Unit 2: Vacant and ready for rent or occupancy
- Unit 3: Tenanted at $500 per week (lease until July 2025)
This is a rare chance to acquire a high-yielding, low-maintenance property in Holloways Beach.
Contact Natasha Whalley-Thompson today to register your interest and arrange an inspection (24 hours' notice required due to tenancy agreements). Private inspections are welcomed and encouraged. Video walkthroughs are available upon request!
The size of Holloways Beach is approximately 5.6 square kilometres. There are 11 parks, covering nearly 6.4% of the total area. The population of Holloways Beach in 2016 was 2347 people. By 2021 the population was 2398 showing a population growth of 2.2% in the area during that time. The predominant age group in Holloways Beach is 50-59 years. Households in Holloways Beach are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Holloways Beach work in a professional occupation.In 2021, 61.80% of the homes in Holloways Beach were owner-occupied compared with 57.20% in 2016.
Holloways Beach has 1,446 properties. Over the last 5 years, Houses in Holloways Beach have seen a 55.19% increase in median value, while Units have seen a 126.03% increase. As at 30 April 2026:
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