Inner City Queenslander with Development Potential

Situated minutes from Cairns CBD, a short walk from the Cairns Sports Precinct, Hospital, Esplanade and proposed new JCU medical school. This property offers a charming three-bedroom home, plus the potential for either dual occupancy or subdivision (subject to council approval). Add another dwelling behind or utilise the space for a shed or granny flat.<br/><br/>Zoned Low-Medium Density Residential, it's likely the property could be subdivided and that two dwellings could be built on the property.<br/><br/>Authentic features throughout the existing home embrace warmth and charm: original timber floors; tongue & groove wall and ceiling panelling; picturesque bay window to the extra-large front bedroom, plus decks to the front and back.<br/><br/>- Open plan layout with timber kitchen and servery to back deck<br/>- Front deck plus sunroom enjoy the onshore breeze in the afternoons<br/>- Underneath the house is a comfortable height, partly built in, it provides a generous amount of secure storage<br/>- Air-conditioning to living area and 2 of 3 bedrooms<br/>- Positioned within the catchment zones for both Edge Hill State School and Cairns State High School<br/>- A highly sought after locale<br/>- Current rental appraisal at $600 per week<br/><br/>Cairns North is one of Cairns 'hot spots' boasting 20-25% price growth over the past 2 years and a median house price of $640,000.<br/><br/>For sale by tender, closing January 30th 2023.<br/><br/>The property will be open for viewing January 14th at 9:30am.