Therese Plath presents this comfortable investment property positioned with great street appeal on a 659m2 block and only 8 minutes to the Cairns City Centre and the popular Esplanade.
A rare opportunity to secure a no fuss, easy investment that brings great cash flow from a long term tenant is no available to purchase. This property offers great value with generous off street parking for approximately 8 vehicles and includes a range of office and open plan areas .
Property Features:
Open plan areas
Offices
Large boardroom
Private kitchen|break out room
Sitting room
Fully air conditioned
Bathroom facilities
For more information or to arrange an inspection please contact Therese Plath on 0418 772 995 or email Therese at therese.plath@raywhite.com
Lease Details
Rental per Month: $3,000 + GST
Term: Has been there 8 years with lease expiring October 2022
Outgoings:
- half yearly rates $3,226.53
- insurance cover $3,390.00 per annum
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 75.29% increase in median value, while Units have seen a 159.08% increase. As at 31 March 2026:
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