Currently returning $1,300 per week as a privately managed share house with four individual accommodation arrangements, this is a rare opportunity to secure a well-maintained Queenslander delivering strong holding income from day one. Conveniently positioned just 700m from Earlville Shopping Town and less than 5km from the Cairns CBD and Esplanade precinct, this classic city-fringe home combines character, flexibility and lifestyle appeal in one attractive package. Behind its traditional facade lies a home full of charm, featuring polished timber floorboards, soaring ceilings, timber casement windows and an abundance of natural light. The elevated rear deck overlooks the tropical gardens, shaded in-ground swimming pool and multiple outdoor entertaining spaces, creating a relaxed tropical lifestyle that is becoming increasingly difficult to find so close to the city. For investors, the current accommodation arrangements provide immediate income and flexibility. For owner occupiers, the property offers the opportunity to secure a character-filled home with plenty of space, privacy and future potential. Upstairs Features Include: - Welcoming sunroom entrance - Light-filled living room with 3m high ceilings, polished timber floors, timber casement windows and split system air-conditioning - Practical kitchen with electric cooking, breakfast bar, ample bench space and storage, opening directly onto the rear entertaining deck - Expansive covered rear deck overlooking the pool and gardens, ideal for year-round entertaining - Three bedrooms, all featuring built-in wardrobes and split system air-conditioning - Bathroom with separate shower and bath, plus separate toilet Downstairs Features Include: - Dual tandem car parking, including one undercover space - Laundry and extensive storage space for tools, equipment and household items - Large air-conditioned multi-purpose room with ensuite access - Additional multi-purpose room with kitchenette - Please note: the downstairs area is not legal height and is not approved as a separate dwelling - Established tropical gardens and spacious rear yard with room for children, pets and outdoor enjoyment - Shaded in-ground swimming pool, covered entertaining area and fire pit combine to create the ultimate tropical backyard retreat - Broadband to the premises and a 13.2kW solar power system Additional Information: - Currently returning $1,300 per week through four individual accommodation arrangements - Current living arrangements include two weeks' bond, two weeks' rent in advance and two weeks' notice should vacant possession be required - Council Rates: $3,400 per annum (approx) Location is everything and this property certainly delivers. Positioned within easy reach of Earlville Shopping Town, DFO Cairns and Raintrees Shopping Centre, everyday convenience is at your doorstep. Balaclava State School is just a flat 500m walk away as is Cazaly's, home of AFL Cairns, where you can meet, drink, eat and play. Combined with easy access to major shopping centres, Cairns International and Domestic Airports, the CBD and Esplanade precinct, it's easy to see why this location continues to be in strong demand. Character homes with genuine income-producing capability are rarely offered to the market. Secure the cashflow today and enjoy the flexibility for tomorrow. Don't miss your chance to inspect, call David Hall on 0491 332 700 today.