4/312-316 Draper Street Parramatta Park, QLD 4870

If you have been looking for a straightforward investment close to the Cairns CBD, this two-bedroom apartment is one worth considering.

Currently returning $470 per week, with the tenant in place until 14 January 2027, the property offers immediate income from day one.

Inside, the layout is simple and practical, with two bedrooms, built-in wardrobes, an open-plan living and dining area and a functional kitchen. The living area and main bedroom are air-conditioned, while the tiled floors throughout make the home easy to maintain.

One of the biggest advantages is the private fenced courtyard, giving the property valuable outdoor space that is not always easy to find in apartment-style living.

Set within a gated complex of just 11 units, residents also have access to the complex swimming pool and covered car accommodation.

And then there is the location.

Positioned approximately 1.5km from the Cairns CBD, the property is close to schools, shops, public transport and everyday amenities, making it an appealing option for tenants now and potentially an owner-occupier in the future.

For investors wanting a low-maintenance property with a tenant already in place and a city-fringe location, this one makes sense.

KEY FEATURES
• Two-bedroom apartment
• Built-in wardrobes
• Open-plan living and dining
• Air-conditioned living area
• Air-conditioned main bedroom
• Private fenced courtyard
• Covered carport
• Complex swimming pool
• Gated complex of 11
• Currently rented at $470pw
• Lease until 14 January 2027
• Approx. 1.5km to Cairns CBD

Your Journey. Our Focus. Team Bragg.

**Disclaimer - Ray White Cairns & Beaches and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.