DISTINCT
Positioned on a generous parcel in the heart of White Rock, 45 Sheehy Road presents an outstanding opportunity for investors, developers and land bankers alike. Currently returning $595 per week with a long-term tenant in place, this is an ideal set-and-forget investment while you explore the property's future potential.
Beyond the immediate rental income lies an exciting opportunity, with the possibility to subdivide the land (Subject to Cairns Regional Council Approval). Whether you're looking to unlock additional value, create multiple allotments or simply secure a sizeable landholding in a rapidly growing suburb, this property offers flexibility for a range of investment strategies.
Conveniently located close to schools, shopping centres, public transport and only minutes from Cairns CBD, the location continues to experience strong demand from both owner occupiers and tenants.
THE FACTS
* Long-term tenant in place returning $595 per week
* Excellent investment with immediate rental income
* Potential subdivision opportunity (Subject to Council Approval)
* Large landholding with future upside
* Convenient location close to schools, shops and public transport
* Easy access to Cairns CBD and surrounding amenities
* Build Year: 1976 Approx.
* Rates: Approx. $3266.90 / year
* Rental Appraisal: Approx. $ 630 / week
These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the property’s potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs.
Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.
