113/12-21 Gregory Street, Westcourt QLD 4870
113/12-21 Gregory Street, Westcourt QLD 4870
1 bed · 73 m² · resort complex · 9 pools · parking discrepancy · Westcourt convenience
This apartment is competitively positioned as a generously sized one-bedroom unit within a resort-style complex that offers amenities far beyond what is typical for the suburb. The 73 m² internal area provides genuine living space, and the shared facilities—including multiple pools, a café, and a tennis court—create a self-contained lifestyle that appeals strongly to owner-occupiers seeking convenience and amenity, as well as investors targeting tenants who value those features over a standard unit. Its location in Westcourt places it close to shops, schools, and the airport corridor, making it a practical choice for professionals, couples, or those wanting low-maintenance living with a holiday feel.
The inconsistency in reported parking—ranging from one to two spaces—may affect perceived convenience and could narrow the buyer pool for those requiring secure off-street parking. The property sits within a large strata complex, so body corporate fees and shared amenity management are ongoing costs that should be confirmed, as they directly impact holding expenses and net return. The building’s age is not specified, but the complex style suggests established construction, which may mean future maintenance levies or sinking fund contributions are worth investigating. These factors do not undermine the property’s appeal but should be weighed carefully when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 113/12-21 Gregory Street, Westcourt QLD 4870
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Westcourt is a dynamic inner-Cairns suburb positioned for growth, driven by strong investor demand for its high rental yields and a young professional demographic. Recent price trends show robust capital growth, supported by a tight sales market with low days on market. Future prospects are underpinned by significant regional infrastructure investment and population shifts, though risks include rising insurance costs in storm-prone areas and evolving tenancy regulations.
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PropCred Estimated Value
Bedrooms
1
Bathroom
1
Parking
1
Land
2.84 ha
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