Offers over $399,000
Lot 27, 28 & 29/15-25 Skull Road, White Rock QLD 4868
Land
Block size: 734 m² approx.
Unique Investment Opportunity in Modern, Secure Gated Complex
Located within a contemporary and private, secure gated complex, this exclusive property listing presents an unparalleled investment opportunity. Comprising three adjacent lots to be purchased together, with a total land size of 734m2, you can be promised lucrative returns and substantial potential for growth once built into the proposed two and three-bedroom villas.
CitiEdge is a pet-friendly complex with a predominantly owner-occupied community and is the perfect investment in your property journey. Located just 7.4 km from the city centre of Cairns, all the main liveability and lifestyle qualities we seek in a home and suburb are right at your doorstep with amazing convenience. CitiEdge provides quick access to schools, shopping centres, hospital and medical support services, daycare, and sporting and recreational facilities.
To maintain the highest possible quality and standards within the complex, you will be required to build 3 separate villas on the blocks that are of a similar size and layout as the existing villas onsite. (Development Plans available - please enquire for more information). Consisting of 45 villas currently, your pod will bring the complex total to 48, with a shared pool. Once purchased, you can begin development on the land with an estimated completion time of 9-12 months. To build the 3 villas, the construction costs to the same standard and inclusions as the other villas in CitiEdge, is estimated to be $858,865.12 including GST. For more information, enquire with Agent.
Lots 27 and 29
- Proposed configuration: 3 Bedroom, 2 Bathroom Villa
- Weekly Rental Potential: $570 each
Lot 28
- Proposed configuration: 2 Bedroom, 2 Bathroom Villa
- Weekly Rental Potential: $520
The combined proposed rental income from all three lots amounts to an impressive $1,660 per week (projection based on April 2025).
Body Corporate: Approx $3,010 per villa, per annum
Council Rates: Approx $2,650 per villa, per annum
Construction Costs to the same standard and inclusions as the other villas in CitiEdge - $858,865.12 including GST. For more information, enquire with Agent.
This offering requires the purchase of all three lots within the gated complex to capitalise on the full potential of this investment opportunity. Don't miss out on this exceptional chance to secure your future in one of the most promising investment destinations in Cairns.
CitiEdge is a pet-friendly complex with a predominantly owner-occupied community and is the perfect investment in your property journey. Located just 7.4 km from the city centre of Cairns, all the main liveability and lifestyle qualities we seek in a home and suburb are right at your doorstep with amazing convenience. CitiEdge provides quick access to schools, shopping centres, hospital and medical support services, daycare, and sporting and recreational facilities.
To maintain the highest possible quality and standards within the complex, you will be required to build 3 separate villas on the blocks that are of a similar size and layout as the existing villas onsite. (Development Plans available - please enquire for more information). Consisting of 45 villas currently, your pod will bring the complex total to 48, with a shared pool. Once purchased, you can begin development on the land with an estimated completion time of 9-12 months. To build the 3 villas, the construction costs to the same standard and inclusions as the other villas in CitiEdge, is estimated to be $858,865.12 including GST. For more information, enquire with Agent.
Lots 27 and 29
- Proposed configuration: 3 Bedroom, 2 Bathroom Villa
- Weekly Rental Potential: $570 each
Lot 28
- Proposed configuration: 2 Bedroom, 2 Bathroom Villa
- Weekly Rental Potential: $520
The combined proposed rental income from all three lots amounts to an impressive $1,660 per week (projection based on April 2025).
Body Corporate: Approx $3,010 per villa, per annum
Council Rates: Approx $2,650 per villa, per annum
Construction Costs to the same standard and inclusions as the other villas in CitiEdge - $858,865.12 including GST. For more information, enquire with Agent.
This offering requires the purchase of all three lots within the gated complex to capitalise on the full potential of this investment opportunity. Don't miss out on this exceptional chance to secure your future in one of the most promising investment destinations in Cairns.
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Key details
Property type:
Land
Block Size:
734 m²*
Other Details
Maps and area information
Block information
Block size: 734m² (approx)
No block information available
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Property history
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SummaryMedian sales
Average Age
39 years
Population
4,918
Listing ID: 182484671. This listing has been viewed 1 time. It was first displayed on 30/04/2024 and last updated on 21/05/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.