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28/108 Mayers Street, ManundaUNDER CONTRACT - Contact Agent
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Soldapartment

28/108 Mayers Street

Manunda, QLD 4870, Australia
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1 bed 1 bath 1 car

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About this property

If you're chasing a low-entry, high-return investment in a consistently performing suburb, this loft-style apartment in Manunda deserves your attention. Set within a complex of 28, this property is purpose-built for strong rental appealoffering a practical layout, low upkeep, and features that tenants actively seek. Downstairs delivers open plan living flowing to a private patio, while the loft-style bedroom upstairs creates separation and maximises usable spacean attractive point of difference in the unit market. Investor Highlights: Strong rental demand location with consistent occupancy Low-maintenance design = reduced ongoing costs Functional layout appealing to singles and couples Air-conditioning and security screens for tenant comfort Allocated undercover carport for added convenience Complex includes swimming pool lifestyle appeal without upkeep Positioned just minutes from Edge Hill, the Cairns CBD, shopping centres, schools, and public transport, this is a location that continues to attract quality tenants and supports long-term capital growth. This is the type of asset that quietly performssteady rental income, minimal fuss, and a price point that makes sense in today's market. An ideal addition to any portfolio or a smart first step into property investment. Current Tenancy Details: Lease Expires: 17th July 2026 Current Rent: $395pw (potential to increase at the end of the lease) Rates: Approx $3266.90pa Body Corp: Approx $4400pa Inspections: As advertised - private inspections WILL NOT be conducted before the First Open on the 11th April. Contact Leanne Smith for more details 0405 150 999

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
1
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,419/month
$1,210 /fortnight
Loan $399,200 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$99,800
Stamp duty$15,890
Conveyancing (est.)$2,000
Total upfront$117,690
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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Manunda

This 1-bedroom apartment in Manunda, QLD 4870 sits within reach of public transport, local shops and nearby schools.

Schools near Manunda

  • Cairns School of Distance Educationcombined · Prep-12 · CoEd
  • Cairns West State Schoolprimary · Prep-6 · CoEd
  • St Francis Xavier's Schoolprimary · Prep-6 · CoEd
  • FNQ Vocational Academysecondary
  • Trinity Bay State High Schoolsecondary · 7-12 · CoEd

What's nearby

  • Anderson Street near Mayers Street (bus)240 m away
  • Lifeline Shop199 m away
  • Guginy Reserve171 m away
  • Pease Street Pensioner Park277 m away
  • Cominos Place Park410 m away

Manunda at a glance

Full suburb profile
Population
5,191
Median age
39
Household income
$1,069/wk
Median rent
$259/wk
Median mortgage
$1,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Manunda price trend

Median sold · Unit 1 bed

Compound growth +23.3% / yr over 4 yrs

$289kcurrent median

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Price history

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