A rare 5-acre residential-zoned holding offering strong existing rental income, 100% occupancy, and future subdivision potential in an established Cooktown location.
Key Investment Features
Cash-flow-positive residential investment
Approx. 5 acres of residential-zoned land
100% occupied with established tenants
Tenant demand driven by essential local workforce
Subdivision potential
Four-street frontage enabling future flexibility
Full town services: water, sewer, electricity
Existing Improvements
6 × renovated 1-bedroom units
2 × renovated 3-bedroom homes
Separate granny flat
Undercover parking
Location Highlights
Walk to schools, hospital, town centre, botanic gardens and riverfront
Quiet, private setting adjoining bushland
Short walk to Finch Bay Beach
Property Condition
Fully air-conditioned throughout
Tiled flooring
Fully Upgraded units and houses
Fresh internal fittings and finishes
Additional Information
Lot plans and building floor plans included
Further information available on request
An outstanding opportunity for investors seeking immediate income with long-term growth potential.
