8/22-24 Toogood Road, Woree QLD 4868

Two-bedroom unit with ensuite | Single car space | Woree school catchments | Estimated 5.5% gross yield This two-bedroom unit presents a competitively priced entry into the Cairns market, with its ensuite bathroom and dual living areas offering a functional layout rare at this price point. The configuration suits an investor targeting the reliable Woree school catchment demand, with a high-confidence rental estimate supporting a strong gross yield. Its strata-titled nature simplifies ownership, though the lack of recent comparable sales data requires verification of the asking price against the provided valuation range. Proceed with a disciplined price validation due to the material gap in recent sales evidence; the spread between the listing price and automated valuations signals market uncertainty. Secure a building and pest inspection to offset the absent condition details. For an investor, the yield justifies acquisition at or below the lower valuation estimate, positioning this as a hold for cash flow rather than short-term capital growth, given the lack of noted development catalysts in the area.