6/27 Balaclava Road, Earlville QLD 4870

Corner unit in multi-complex | 63m² internal area | Bushfire & heritage overlays | $450pw current rental This two-bedroom apartment presents a functional, low-maintenance holding in a shared-lot complex, with a configuration offering slightly greater privacy as a corner unit. Its freshly painted, tiled interior with air conditioning and built-in storage suits a tenant seeking a turnkey solution, positioning it well for an investor targeting the reliable Cairns rental market. The current asking rent aligns with the estimated market range, suggesting it is competitively priced for immediate income. Critical due diligence is required on the bushfire, flood, and heritage overlays, as these directly impact insurance premiums, renovation potential, and holding costs. The listed sale price appears ambitious against the provided valuation band; a commercial offer requires verifying true comparable sales. Proceed only with a strategy for long-term rental, leveraging our detailed report to pressure-test the valuation, clarify all overlay compliance costs, and secure specialist insurance assessments.