THE house might be something to forget, but who can go past the chance to own one of the hills of Cairns.
Lots 161 and 162 The Rocks Rd, Redlynch have one of the city’s most run-down homes, but to make up for it, there is easy access to Freshwater Creek, plenty of room for animals and fruit trees or vegetables.
Part of the package is Mooroobool Peak rising between Kanimbla and Redlynch.
Cairns Property Office’s Peter Hanrahan said the opportunity to own two 71-hectare blocks so close to Cairns CBD was rare.
Buyers could also buy the lots separately.
“The land is zoned rural so you can have animals, horses, or grow fruit trees if you wish,” Mr Hanrahan said.
“The beauty about this property is the peace and privacy. You’ve got the acreage but you’re so close to everything as well.
“If you buy this, everyday you can go across a bridge and creek into your own property and each block has a minimum 450m Freshwater Creek frontage. This would be great in summer. You can do what you like.”
Despite a home that Mr Hanrahan said buyers could either “renovate or detonate”, he had recorded “very strong interest” in the properties.
“We have had a really good response at the open homes, we’ve had up to 20 groups and we do have some offers on properties at the moment,” he said.
“Most are impressed by the mountain we’re selling.
“Plus, there’s the chance to have your own private rainforest. This is a once in a lifetime opportunity positioned only 20km from Cairns International Airport.”
Lot 161 has the fixer-upper which is a main cottage with various extensions added over the years.
Lot 162 comes with an elevated house pad with amazing views and ready for a dream home.
Mr Hanrahan said he would welcome any offers on the property before October 22.
The recently released Herron Todd White Month in Review October 2019 report revealed “the Cairns residential property market offers some of the most attractive yields available anywhere in Australia”.
“A key point about our market is the lack of pending supply and how it is difficult to see the current balance of supply and demand changing to an oversupply situation in the foreseeable future,” the report read.
“This should give investors comfort that the low rental vacancy rates and current rent levels are due to solid market fundamentals and are unlikely to change in a negative way.”