10/401-409 Mccoombe Street Mooroobool QLD 4870

1-bed villa in boutique Cairns complex | Flood overlay noted but no heritage or bushfire risk | School catchment for Cairns West and Trinity Bay | Strong rental yield potential for investor buyers. This property offers a rare configuration in Mooroobool: a single-level villa-style flat in a boutique complex of only 15 residences, giving it a scarcity edge over larger apartment blocks. The 49m² lot includes a private courtyard and carport, features that typically command a premium from tenants seeking low-maintenance living with outdoor space. For an investor, the high-confidence rental estimate of $395 per week against the value range positions this as a yield-positive holding, particularly attractive in the Cairns market where detached housing is increasingly unaffordable. The school catchment for Cairns West State School and Trinity Bay State High School adds a demographic anchor for long-term tenant demand. The flood overlay is the primary risk, and it will constrain capital growth relative to comparable properties outside the zone. This overlay also narrows the buyer pool to cash investors or those comfortable with higher insurance costs, which must be factored into the holding equation. However, the absence of bushfire or heritage overlays simplifies due diligence, and the reliable 5G and NBN connectivity supports remote-worker tenants. The opportunity lies in acquiring a well-maintained, low-maintenance unit in a quiet pocket, where the boutique complex size limits supply competition. Hold this property for steady rental income rather than short-term flipping, and budget for flood insurance as a fixed annual cost.