Welcome to 4/22 Jensen Street, Manoora! A fantastic opportunity for investors seeking a low-maintenance property with reliable rental income already in place. Positioned on the ground floor of a small, well-maintained complex of only eight units, this solid two-bedroom residence offers an attractive combination of affordability, convenience, and long-term investment security. With a quality tenant in place paying $400 per week until May 2027, investors can enjoy immediate returns from day one. Ideally located close to schools, shopping centres, public transport, medical facilities, and everyday amenities, this property is perfectly positioned to appeal to tenants for years to come. The popular Piccones Shopping Village is just a short walk away, while the vibrant Edge Hill precinct, Cairns Airport, and Cairns CBD are all only minutes from your doorstep. Inside, the unit features a practical and spacious layout with tiled flooring throughout, generous storage options, air-conditioned living spaces, and an internal laundry plus rear grassed area. Property Features: Ground-floor position in a boutique complex of only 8 units Strong investment opportunity with a lease in place until May 2027 Currently returning $400 per week Low body corporate fees Tiled flooring throughout for easy maintenance Spacious kitchen with ample storage Large air-conditioned living area Two generous bedrooms, including air-conditioning to the main bedroom Modern bathroom Internal laundry Linen/storage cupboard Private exclusive-use courtyard Quality lighting and ceiling fans throughout Covered car accommodation Well-maintained communal gardens and lawns Prime Location: Walking distance to Piccones Shopping Village (IGA, medical centre, pharmacy, gym, yoga studio, post office, dining and specialty stores) Close to local primary and secondary schools Convenient access to public transport Minutes to the Edge Hill café and restaurant precinct Approximately 10 minutes to Cairns Airport Approximately 10 minutes to Cairns CBD With a long-term tenant already secured, low ongoing costs, and a location that consistently attracts strong rental demand, 4/22 Jensen Street presents an outstanding addition to any investment portfolio. Body Corporate Fees: Approx. $5,187.50 per year Council Rates: Approx. $1,633.45 per half year Rental Income: Currently achieving $400 per week (leased until May 2027) Contact Pauline Humphries on 0412 131 627 before it's too late! *Please note: Virtual furniture has been used to protect tenants privacy. 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.
RealistIQ deal score
Strong value signal
92
/100
Review the estimated value range, comparable sales, suburb trends, and market signals for 4/22 Jensen Street, Manoora before you inspect or make an offer.
Independent price check
Estimate vs market price guide
Market price guide is 20%+ below RealistIQ estimate
Use this as a second opinion and check the comparable sales below.
RealistIQ estimate range: $331,000 - $516,000Wider ranges mean more uncertainty.
RealistIQ estimate$424,000
Market price guide$300,000
$331,000$516,000
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