



18 Banning Avenue, Brinsmead QLD 4870 Positioned on a substantial 740m² allotment, this highly adaptable property presents an uncommon opportunity for investors seeking immediate income, flexible accommodation and future value-add potential. Unlike a conventional family home being promoted solely on lifestyle, 18 Banning Avenue is already operating as an income-producing property. The rooms have been privately managed under a combination of shorter and longer-term arrangements, generating more than $1,200 per week when occupied, based on information supplied by the seller. The residence has undergone extensive updates and does not require renovation to begin producing income. Any future improvements may be considered an additional opportunity to enhance the property rather than a requirement to make the investment viable. Offering approximately 206m² under roof, the layout includes three bedrooms downstairs and a private upstairs retreat featuring a bedroom, walk-in wardrobe and ensuite. Multiple living areas, three bathrooms and several access and parking options support a variety of accommodation arrangements. Investment Highlights Existing room-by-room income exceeding $1,200 per week when occupied Combination of shorter and longer-term rental arrangements Current room rents, occupancy details, inclusions and approximate expenses available for review Updated and already operating as an income-producing property Flexible configuration suited to investors, extended families or shared accommodation Potential to further improve income, presentation or operational efficiency Four bedrooms, three bathrooms and multiple living areas Private upstairs retreat with bedroom, walk-in wardrobe and ensuite Updated kitchen with gas cooking, generous storage and ample workspace Resort-style concrete swimming pool Split-system air-conditioning and security screens Large solar-power system to assist with energy costs Single enclosed garage plus multiple off-street parking spaces Established gardens and a spacious backyard Private position with no immediate rear neighbor Convenient access to schools, shopping, transport and Brinsmead amenities Property Details Building type: House Year built: Approximately 1990 Land size: 740m² Floor area: Approximately 206m² Bedrooms: 4 Bathrooms: 3 Parking: 3 spaces Lot/Plan: Lot 56 on RP742536 Local authority: Cairns Regional Council Council rates: Approximately $3,703.46 per annum More Than a Home – An Established Income Opportunity This is a property for buyers who understand the value of an adaptable layout and an existing income stream. It may appeal to experienced investors, interstate purchasers, shared-accommodation operators, extended families and buyers seeking a residence with multiple living options. A detailed investor information memorandum outlining the room-by-room income, occupancy, inclusions and approximate expenses can be provided to genuine buyers upon request. Contact Team Five Rivers on 1800 266 001 to arrange an inspection or request further investment information. Income, occupancy and expense information has been supplied by the seller and is subject to change. Buyers should undertake their own enquiries regarding the property’s income, approvals, intended use and investment suitability.
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Property ID: 152212724
Original Property ID: 152212724