26 Mahogany StreetManoora QLD 4870
Property Details for 26 Mahogany St, Manoora
26 Mahogany St, Manoora is a 1 bedroom, 1 bathroom Unit with 4 parking spaces and was built in 1990. The property has a land size of 800m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
Last Listing description (August 2022)
Ideally positioned less than 5km from Cairns CBD, this is the perfect investment opportunity to add to your property portfolio with active returns of approximately $70,000 per year!
3 of the 4 units have been freshly renovated plus a new roof installed on the freestanding villa.
Always occupied and attractive to tenants the complex is in a super convenient location with a bus stop right out the front, walking distance to schools, local shops, medical and shopping centres etc
The land facts:
-Single title on Freehold
-Land use: Multi Unit dwelling (Flats)
-Zoned: Residential 3
-800sqm block
The dwelling facts:
-2 x 2 bedroom, 1 bathroom townhouses
-1 x 1 bedroom, 1 bathroom townhouse
-Freestanding 3 bedroom, 1 bathroom low set villa
-4 x Carports
-Lock up storage area
The Current Figures:
Unit 1- Currently renting at $410/wk
Unit 2- Currently renting at $370/wk
Unit 3- Currently renting at $240/wk
Unit 4- Currently renting at $320/wk
Total annual income = $69,680/pa
The potential figures on lease renewal:
Unit1- $410/wk
Unit 2- $370/wk
Unit 3- $270/wk
Unit 4- $370/wk
Total potential annual income = $73,840/pa
A very tidy and well maintained complex offering some of the strongest returns in residential real estate. Run the gauntlet with a shaky share market or Invest smartly in bricks and mortar.
For more information or to express your interest please enquire today.
Property History for 26 Mahogany St, Manoora, QLD 4870
- 22 Jul 2022Listed for Sale Sold by Karl Latham
- 26 May 2022Sold for $1,025,000
- 04 May 2022Listed for Sale Sold by Karl Latham
Recent sales nearby
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About Manoora 4870
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 3,162 properties. Over the last 5 years, Houses in Manoora have seen a 75.06% increase in median value, while Units have seen a 143.98% increase. As at 30 November 2025:
- The median value for Houses in Manoora is $569,128 while the median value for Units is $387,588.
- Houses have a median rent of $500 while Units have a median rent of $425.
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