



INVITING EXPRESSIONS OF INTEREST Closing 30 October 2026 — submit your best offer before the closing date. This development of 10 dwellings across five duplexes offers investors the opportunity to acquire an entire residential complex on two titles with a combined land area of approximately 2,567 m². Located opposite Edmonton IGA and the shopping center, the property is close to cafés, bakeries, doctors, a pharmacy, a pub, public transport and fast-food outlets. Schools are within walking distance, and Cairns CBD is approximately 15 minutes away. The development comprises eight four-bedroom residences and two two-bedroom residences. Each has two bathrooms, a single garage and a private courtyard. The fully fenced complex includes visitor parking and a designated rubbish bin area near the Mount Peter Road entrance. Construction of two duplexes is complete, with the remaining duplexes under construction. Practical completion is expected in November 2026. There is no body corporate currently. There is potential to strata title the 10 dwellings, subject to the necessary approvals and costs. Estimated portfolio rental return Dwellings Estimated weekly rent 8 four-bedroom dwellings $5,600 2 two-bedroom dwellings $1,100 Total estimated gross rent $6,700 per week Approximate monthly gross rent: $29,033 Approximate annual gross rent: $348,400 Rental appraisals for each dwelling, approved plans and other property documents are available on request. Contact the Five Rivers Sales Team to discuss the opportunity and submit your Expression of Interest by 30 October 2026. Disclaimer: Information in this advertisement has been provided in good faith and is subject to change. Areas, accommodation details, construction progress and the anticipated completion date should be independently verified. Strata titling is subject to approvals and associated costs; no approval or outcome is guaranteed. Rental figures are estimates of gross income before expenses, vacancies and other costs; they do not guarantee future returns. Interested parties should review the available documents and make their own enquiries before submitting an offer. The figures supplied for the two dwelling types add to $6,700 per week, rather than $6,650. The monthly and annual estimates above use the corrected weekly total and 52 weeks per year.
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Property ID: 152567876
Original Property ID: 152567876