12 Queen Street, Parramatta Park, QLD, 4870, Australia

Secure a high-quality investment in one of Cairns' most tightly held inner-city suburbs. This charming high-set Queenslander is tenanted at $650 per week with a lease in place until 8 October 2026, providing immediate, reliable income in a premium blue-chip location.

Set in a quiet, wide, tree-lined street surrounded by character homes, this property combines strong rental appeal, future flexibility, and long-term capital growth potential.

Ideally positioned within walking or cycling distance to the Cairns CBD and Cairns Base Hospital, the home sits on a generous, level garden block with mountain views, offering future scope to add value (STCA) - including potential for extensions, sheds, or a granny flat.

Investment Highlights:
Leased at $650 per week
Fixed lease until 8 October 2026
High-demand rental location close to CBD, hospital & transport
Blue-chip suburb with proven capital growth
Flexible future use: continue leasing, owner-occupy later, or value-add (STCA)

Accommodation:
Spacious open-plan living and dining area
Large kitchen with Caesarstone benchtops
Main bedroom with built-in robe, vertical joinery & mountain glimpses
Second well-sized bedroom
Entry foyer / study with original stained glass casement windows
Freshly refurbished bathroom
Huge downstairs storage, workshop & lock-up garage
Separate laundry and undercover clothesline
Front entertaining deck
Fully fenced tropical gardens with multiple outdoor living zones and room for a pool

Features:
Iconic high-set Queenslander, beautifully preserved
Polished timber floors throughout
Tongue-and-groove walls & timber-lined ceilings
Traditional stained glass windows & decorative fretwork
Ceiling fans and split-system air-conditioning
Solar hot water system
Authentic timber construction with corrugated iron roof

Location & Lifestyle:
Minutes from Cairns City, the Esplanade, Lagoon, marina, cafés, restaurants, parks, sporting facilities, university campus, schools, TAFE, medical precinct and public transport. Only 10 minutes to both domestic and international airports.

This is a rare opportunity to secure a high-quality, income-producing property in a premium inner-city location with strong tenant demand and future upside.

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.