113/1-2 Maytown Cl, Manoora is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 98m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
This 2 bed and 2 bath apartment located only 10mins from the city is ripe for investment. Currently tenanted to great long term tenants who have just signed a new 12month lease.
With our current office vacancy rate hovering between .5% and 1%, this means there is no end in sight to the rental shortage here in Cairns,. Now is the perfect time to add to your portfolio by purchasing a rock solid investment and keep this property in the rental pool.
Built in 2007 to a proven design, these apartments are in high demand and perfectly located only 10 mins into the city. The complex features security gates and undercover parking for each unit. A resort style pool is there for those extra hot days.
The numbers that matter:
- BC fees approx. $3600pa
- Council rates approx. $2800pa
- Currently rented at $400pw
- Lease ends Jan '25
The size of Manoora is approximately 2.2 square kilometres. It has 7 parks covering nearly 9.9% of total area. The population of Manoora in 2016 was 6027 people. By 2021 the population was 6175 showing a population growth of 2.5% in the area during that time. The predominant age group in Manoora is 20-29 years. Households in Manoora are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manoora work in a community and personal service occupation.In 2021, 37.40% of the homes in Manoora were owner-occupied compared with 32.00% in 2016.
Manoora has 3,166 properties. Over the last 5 years, Houses in Manoora have seen a 74.61% increase in median value, while Units have seen a 154.36% increase. As at 31 December 2025:
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