Completed less than 12 months ago, this high-quality estate comprises 20 architecturally designed dwellings, purpose-built for long-term rental demand. An exceptional opportunity to acquire a near-new, fully tenanted residential development in one of Cairns' best locations. Dwelling Mix and Floor Areas: • 4 x 1-Bedroom, 1-Bathroom Units – Approx. 109 m² • 10 x 2-Bedroom, 2-Bathroom Villas – Approx. 179 m² • 6 x 3-Bedroom, 2-Bathroom Townhouses – Approx. 181 m² Totals: 42 bedrooms, 36 bathrooms, 36 car parking Key Investment Highlights: • Completed in 2024 – Less than one year old • Fully leased, generating immediate rental income • Council-approved multi-dwelling development • Modern design with a focus on sustainability and low-maintenance living • Solar power systems installed on all units • NBN connected with all-inclusive internet options for tenants • High-quality finishes throughout, including European kitchen appliances • Fully gated community • Security screens and video surveillance • No body corporate fees Each home is fully fenced and has a low maintenance garden and includes either a garage/double carport/allocated parking. Each home has a powder room, private patio, and generous open-plan living areas. Johanna Road presents a rare offering of scale, location, and exceptional income performance. Location: • 100 metres to childcare • 100 metres to public transport • 300 metres north of the Smithfield Bypass • 15 minutes to Cairns Domestic and International Airports • 20 minutes to Cairns CBD Walking distance to: - James Cook University and new campus development - Smithfield High School, Holy Cross, Newman College - Smithfield Shopping Centre (including recent upgrades) - Medical centres, community services, and recreational amenities With a diverse unit mix catering to singles, couples, families and professionals, this asset has been thoughtfully designed to meet sustained rental demand. The property is positioned on a cleared, square-shaped site with no easements, offering long-term structural and planning confidence. This is a rare opportunity to acquire a modern, income-generating residential estate in a tightly held precinct with proven growth and demand. For a detailed Information Memorandum, rental schedule, and inspection arrangements, please contact Shira David Stern on 0428 807 757.
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Propriété ID: 148159400
Originaire Propriété ID: 148159400