8/67-71 Digger Street, Cairns North

Rare Inner-City Townhouse Investment – Walk to Hospital & Esplanade - 6.3% Return

Positioned just two streets from the Esplanade and within walking distance to Cairns Hospital, the newly opened JCU Medical Precinct and the recently announced $1B hospital expansion including three new buildings, this well-designed townhouse offers a strong inner-city investment opportunity.

Currently leased at $660 per week until 19 January 2027, delivering an approx. 6.3% gross return with secure income already in place.

Unlike many units in the area, this property features a rare townhouse design in a boutique complex of only 10, offering space, privacy and a highly functional layout.

Upstairs features two oversized bedrooms, both with private ensuites, enhanced by beautiful high raked ceilings and natural light, along with a pleasant parkland outlook from the rear. An additional powder room downstairs adds further convenience for tenants and guests.

The location consistently attracts medical and hospital professionals who value the ability to walk to work, the Esplanade, cafés and the CBD.

Rental prices in the area have increased by an average of 6.5% per annum over the past four years, and with the hospital expansion bringing additional medical staff to the precinct, rents are expected to remain on an upward trend.

Property Features

• Rare townhouse design in secure complex of only 10
• Two oversized bedrooms, both with private ensuites
• Master bedroom with walk-in robe
• High raked ceilings upstairs with excellent natural light
• Parkland outlook at the rear
• Open-plan living and dining
• Additional powder room downstairs
• Private courtyard
• Split system air-conditioning and security screens
• Remote lock-up garage with storage and internal access
• Complex swimming pool

Investment Snapshot

• Fixed lease: $660/week until 19 Jan 2027
• Approx. 6.3% gross return
• Body Corporate: ~$5,200 p.a.
• Council Rates: ~$3,200 p.a.

Some photographs may include virtual furniture for illustrative purposes only. Buyers are encouraged to inspect to confirm current presentation.

Disclaimer:
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.