215 Mccormack St, Manunda is a 10 bedroom, 6 bathroom Unit with 6 parking spaces. The property has a land size of 2023m2. While the property is not currently for sale or for rent, it was last transferred in November 1994.
Each of the six townhouses that comprise 215 McCoramck Street are to put it simply huge !
The block is 2,203 m 2 in area , with a portion of at least 450 m2 at the rear of the block that can be developed in the future ( subject to Cairns Regional Council approval ). The property is currently zoned low-medium density with Cairns Regional Council.
Each townhouse has an allocated courtyard and an allocated carport accommodation. Also internal laundries are in place along with storage units / area.
Previously self managed all townhouses have leases in place between 26 April 2024 through to 6 June 2024. Up to date rental appraisals are to hand revealing $350 per week for each of the two 1 bedroom townhouses and $410 per week for each of the 2 bedroom townhouses. Total projected income of $2,340 per week.
The staircase in each of them emphasizes the attention to detail and all bedrooms are big in size, with toilets downstairs and upstairs .
215 McCormack is perfect for the professional investor who can review the rental income in April to June 2024, BUT also add value in the future with the 450 m2 parcel at the rear of the block. The options are endless;
1. Landbank for the future with the 450 m2 portion yet to be developed. ( subject to Cairns Regional Council approval ) .
2. Move in eventually to one of the townhouses and live off the income from the other 5 townhouses..
3. Build another property on the 450 m2 portion as a owner residence ( subject to Cairns Regional Council approval ) and receive income from the 6 townhouses.
4. Build further units / townhouses on the rear 450 m2 portion subject to Cairns Regional Council approval.
HUGE BLOCK , HUGE TOWNHOUSES AND HUGE POTENTIAL !
For further information including a detailed buyers prospectus , or to arrange an inspection contact agent today !
The size of Manunda is approximately 4.2 square kilometres. There are 12 parks, covering nearly 16.2% of the total area. The population of Manunda in 2016 was 5390 people. By 2021 the population was 5191 showing a population decline of 3.7% in the area during that time. The predominant age group in Manunda is 20-29 years. Households in Manunda are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Manunda work in a community and personal service occupation.In 2021, 41.20% of the homes in Manunda were owner-occupied compared with 38.30% in 2016.
Manunda has 3,176 properties. Over the last 5 years, Houses in Manunda have seen a 86.77% increase in median value, while Units have seen a 163.56% increase. As at 30 June 2026:
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