60 Hollywood Boulevard White Rock QLD 4868

60 Hollywood Boulevard White Rock QLD 4868
Large parkland backing | no body corporate fees | long-term tenanted duplex | 1990 build with scope for updates | minutes to Cairns CBD This property presents a low-maintenance investment with immediate rental income, offset by the risk of deferred capital expenditure inherent in a 33-year-old building. The commercial logic lies in acquiring a set-and-forget income stream on a large, private parcel, with a clear opportunity to reconfigure or renovate to force appreciation. It is best held as a long-term portfolio addition for an investor, not a primary residence. Its competitive strength is the rare combination of a large, fully-fenced 838mΒ² lot backing onto parkland without body corporate fees, a configuration uncommon for duplexes. This serves the practical investor seeking privacy, multiple vehicle space, and low ongoing costs, positioning the buyer with a versatile asset that can be enhanced at their discretion. Your next step is to quantify the renovation premium against the secured yield to validate the equity growth potential.

Independent, Unbiased Research fromΒ  our PropCred Analyst teamΒ 

White Rock presents as a family-oriented suburb with a young demographic, underpinned by a stable workforce in essential service and trade occupations. Demand is driven by this demographic seeking family housing, evidenced by strong buyer competition and sales volumes. Recent price trends show robust and sustained growth, with a market characterised by swift sales. Future growth is supported by a constrained development pipeline and high-quality housing stock, though the market’s modest vendor discounts suggest a balanced environment where price appreciation, while healthy, may moderate compared to peak conditions.

PropCred Estimated Value

Bedrooms

5

Bathroom

2

Parking

2

Land

838mΒ²

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