5 Law Street, Cairns North, Qld 4870

bedrooms 5
bathrooms 2
parkingSpaces 3
|House
Offers over $820,000
Offers over $820,000
Published on: 05 Sep 2024
Last updated on: 26 Oct 2024
5 Law Street, Cairns North, Qld 4870
5 Law Street, Cairns North, Qld 4870
5 Law Street, Cairns North, Qld 4870
+16
5 Law Street, Cairns North, Qld 4870
  • 16
  • 1
Property ID: 145952640
Translate to English

Two Dwellings on One Title - An Exceptional Opportunity to Invest

5 Law Street, Cairns North, Qld 4870
Tucked away in a peaceful street, just minutes from the CBD and the Esplanade, 5 & 5a Law Street, Cairns North offers two stunning homes on a single title with endless possibilities. Whether you're a large family seeking privacy while living close, or an investor looking for dual income from one purchase, this tropical retreat could be perfect for you.

Currently set up as two separate Airbnbs, the front home is a charming, fully renovated low-set cottage, while the rear features a modern, high-set house on steel stumps - Both are presented beautifully and have their own driveway/entrance. 

Key Property Features:
- Two separate dwellings with separate entrances (currently set up as Airbnb)
- 658m² fully fenced block
- Close to the CBD and Cairns International Airport
- Fully fenced
- Can be subdivided (with council approval): Freehold lots or Strata title

Cottage (5):
- Completely refurbished with a new roof
- 3 bedrooms
- Renovated bathroom with a large shower
- Separate toilet
- Near-new kitchen with ample bench and storage space
- Living area with timber floors throughout
- Air conditioning
- Porch
- Single bay shed & carport
- Private courtyard
- Rental Appraisal: $580 - $600 per week
- Airbnb Rates: Approx. $170/night, up to $329/night on school holidays 

High-set House (5A):
- 3 bedrooms (or 2 bedrooms plus office)
- Renovated bathroom with a bathtub
- Modern kitchen with granite benchtops
- Open-plan living and dining area
- Large deck
- Air conditioning
- Carport & lock-up storage
- Breezeway
- Private courtyard
- Rental Appraisal: $500 - $530 per week
- Airbnb Rates: Approx. $170/night, up to $309/night on school holidays 

For Investors:
- Council rates: Approx. $3,300 per year
- Potential rental income: $58,760/year (based on current market) 

This property offers flexibility and investment potential you won't want to miss! Town planning advice is available upon genuine request.

Property Details

Basic Info

Property Type
House
Listing Status
On Market
Parking Spaces
3
Land Size
658.00 m2
Rooms
5 bedroom(s), 2 bathroom(s)
Address
5 Law Street, Cairns North, Qld 4870

Floorplans and tours

Floorplan
Video
Nickoli Obersky
Nickoli Obersky
2/31 Anderson Street, Manunda, Qld 4870
Get in touch
Report this page

Contact Agent

Email enquiry to One Stop Property - Cairns

Nickoli Obersky
Nickoli Obersky
2/31 Anderson Street, Manunda, Qld 4870
What's your enquiry about?
      By clicking "Submit", you accept our Privacy Policy and acknowledge that as the agent for this property is located overseas, your information may not be handled in accordance with the privacy laws applicable to this website.

      Property ID: 145952640

      * THIS SERVICE MAY CONTAIN TRANSLATIONS POWERED BY GOOGLE. GOOGLE DISCLAIMS ALL WARRANTIES RELATED TO THE TRANSLATIONS, EXPRESS OR IMPLIED, INCLUDING ANY WARRANTIES OF ACCURACY, RELIABILITY, AND ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.