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28/108 Mayers Street

Manunda, QLD 4870, Australia
$370,000
1 bed 1 bath 1 car

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Area Price Guide
$347,800$392,200

Indicative price guide range

🏘️
68
Comparable
📊
$665,000
Area median
⚖️
-44%
vs median
🗓️
1 month ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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Heritage

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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 Features

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    Repayment calculator

    $1,794/month
    $897 /fortnight
    Loan $296,000 at 6.10% over 30 years

    Upfront costs

    Deposit$74,000
    Stamp duty$11,375
    Conveyancing (est.)$2,000
    Total upfront$87,375
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    1
    Bathrooms
    1
    Parking
    1
    Listed
    1 month ago

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