153 Loridan Drive, Brinsmead QLD 4870

3 bed on 779sqm in Brinsmead | Tenanted until Nov 2026 | Solar and split system aircon | Auction 23 May The property sits on a level 779sqm block in a street with 78% long term residents, which signals stable neighbourhood demand and low turnover risk for a buyer. The existing tenancy through November 2026 provides immediate income certainty, and the combination of solar panels with split system air conditioning reduces holding costs for an investor or gives a live-in buyer a lower utility baseline. The catchment for Whitfield State School and Redlynch State College, both under 2km, strengthens appeal to families, while the absence of flood and bushfire overlays removes common Cairns risk factors that often discount comparable properties. The main constraint is the single bathroom, which limits appeal to families or share house tenants and may cap rental growth below the upper end of the $620–$745 per week range. The 1 car space plus 1 carport is adequate but not generous for a 779sqm block, and the property’s price sits slightly below the local median, suggesting the market has already priced in the bathroom limitation. For an investor, the strategy is straightforward: hold through the current lease, reassess at renewal, and consider a future bathroom addition to unlock equity and lift rental yield. For an owner occupier, the house works best for a couple or small family who value location and low ongoing costs over turnkey perfection.