Youâre welcome to inspect 206 Grafton Street, Cairns City.
Step back in time and book your inspection now! This property is one of the few Queenslanders left in the CBD. Perfectly located only two blocks away from the Cairns Esplanade and close to everything, this fantastic property has a lot to offer!
This wonderful home has the potential for split living with a unique layout. The home would accommodate generational living, parent, and teenage retreats and much more.
Because of its location this could be an ideal investment for long term rental or a fantastic Airbnb property.
Main Features:
⢠263 m2 city block
⢠Corner block (Grafton Street / Upward Street)
⢠Walking distance from shopping center and CBD
⢠Fully fenced (New fence)
⢠New roof
⢠New staircase
⢠Three bedrooms with potential for the fourth one
⢠Two bathrooms
⢠Two living areas
⢠Two car spaces plus plenty of car spaces off the street
⢠Storage
⢠Double entrance (one from Grafton Street and the other from Upward Street)
⢠Potential for dual living (Separately metered already)
⢠Title is currently commercial and residential
In detail features downstairs:
⢠One Bedroom open living with potential for the second bedroom to be added
⢠One bathroom
⢠Kitchen
⢠Living/Dining area
⢠Carport
⢠Storage
In detail features upstairs:
⢠Two bedrooms with potential for the third bedroom to be added
⢠One bathroom
⢠Kitchen
⢠Large living / dining area
⢠Sunroom
This property has a lot of potentials such as:
⢠Investment opportunity thanks to the location and the possibility to do Airbnb accommodation
⢠Potential for dual living (Upstairs/Downstairs)
⢠Potential to have your studio (Yoga, Pilates, Etc.) downstairs and live upstairs
For investors:
Rates: $2,950 approximately per year
Landlord Insurance: $439 approximately
Rental appraisal: $280-300 per week downstairs & $380 – $410 per week upstairs (Estimate only)
Potential Rental Yield:5% (Estimate only)
Potential Holiday Letting Yield: 9% (Estimate only)
Call Claudio now to organise your private inspection a notice of 24 hours is needed to inspect the property.
* Currently rented until early March 2022
**Photos have been digitally cleared for the tenant's privacy
***Please note the potential are suggestions of what the property could be and might require you to seek approvals and carry out some works to the home**