14/31-41 Cochrane Street, Mooroobool QLD 4870

14/31-41 Cochrane Street | 3-bed townhouse | 238m² land | heritage-chic finish | large 46-unit complex This property offers a rare configuration in Mooroobool: a three-bedroom townhouse on a full 238-square-metre lot within a large complex, where most comparable units are smaller one-bedroom flats. The heritage-chic renovation positions it above standard stock, and the land-to-price ratio is competitively strong for a buyer seeking a detached-style footprint without a standalone house premium. It suits owner-occupiers who value space and style over complex exclusivity, or investors targeting the family rental bracket in a convenient Cairns fringe location. The main risk is the 46-unit scale, which can mean higher body corporate fees, less privacy, and slower capital growth compared to smaller complexes. The one-car discrepancy requires clarification, as under-parking reduces appeal to families. The opportunity lies in the land component: at 238 square metres, it offers subdivision potential or future redevelopment if zoning permits, though this is contingent on strata rules. Hold as a long-term residence or rent-hold for steady yield, but avoid expecting boutique-complex appreciation.