110/219-225 Mcleod Street, Cairns North QLD 4870
110/219-225 Mcleod Street, Cairns North QLD 4870
2 bedroom unit | 1 bathroom | 1 car space | 325 m² lot | Cairns North | typical configuration
This unit is competitively positioned as a straightforward, well-configured two-bedroom apartment in Cairns North, a suburb that consistently attracts a mix of owner-occupiers and investors. The 325 m² lot size is a meaningful advantage for an apartment, offering more outdoor space than many comparable units in the area. This property serves best as a low-maintenance home for a first-time buyer or downsizer, or as a reliable rental holding for an investor seeking steady demand from the typical inner-city tenant pool. Its configuration is broadly typical for Cairns North apartment stock, which means it should appeal to a wide buyer audience without polarising features.
The value of this unit may be influenced by the building’s age and interior condition, as these factors are not confirmed and could affect ongoing maintenance costs and appeal. The floor level is not explicitly stated beyond the unit number, which might matter for outlook, noise, and accessibility preferences. The lack of confirmed amenities or school catchment details may narrow the buyer pool slightly, but the property’s central location on McLeod Street generally supports good rental demand and resale liquidity. Buyers should weigh these unknowns against the asking price and seek a thorough building inspection before forming a final view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 110/219-225 Mcleod Street, Cairns North QLD 4870
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
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Market Insight
Cairns North is a well-located suburb prized for its proximity to the CBD and lifestyle amenities. Demand is primarily driven by owner-occupiers, including first-home buyers and upgraders, attracted by its accessibility and chronic housing undersupply. While house price trends show conflicting data, the unit market demonstrates strong recent growth, supported by tight rental conditions and solid yields. Future growth is underpinned by significant infrastructure investment and population growth, though rising insurance costs in storm-prone areas present a notable constraint.
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PropCred Estimated Value
Bedrooms
2
Bathroom
1
Parking
1
Land
325m²
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