Cairns, Port Douglas, Atherton Tablelands Innisfail and Mareeba

NORTH QUEENSLAND

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Tim and Richelle originally hail from Western Australia, but over the last decade have found themselves settled in the small Cape York mining town, Weipa.

They both lead busy lives in rural Queensland and wanted to kick start their property investment journey and start to build an asset base and accumulate wealth for their family.

Their two kids are based in Cairns attending a local boarding school and the couple find themselves in Cairns several times a year for this reason. 

Given they frequently travel to beautiful Cairns having a base they can stay in when their here and make money off it all year round was a no brainer for them. 

The key brief from Tim and Richelle was they wanted a high performing Airbnb apartment located in the Cairns CBD. 

With that said Tim and Richelle needed our help to navigate the saturated Cairns apartment market and narrow down the best performing assets in the CBD – we accepted the challenge. 

Apartments don’t have the greatest track record as an asset type in Cairns so it was extremely important to the Tropical Life team that we needed to be very diligence with our asset selection criteria to ensure we were buying an apartment that would yield great results essentially outperforming the general apartment market in Cairns.

Tim and Richelle was able to fly from Weipa and spent two days on the ground with the Tropical Life team looking at shortlisted opportunities across Cairns City.

The Tropcial Life team showed them a variety of opportunities that we believed fitted their unique investment brief. Unfortunately none of them were a fit so we decided to show them several apartment complexes that didn’t have any stock on the market, however they aligned perfectly to their brief.

Then there was one particular apartment complex in Cairns North that caught their eye. Central Park, a timeless boutique Pavillion style apartment boasting loads of character, charm and sophistication.

Within 2 weeks an opportunity came onto the market within this complex and we were able to successfully purchase their first investment.

To see Tim & Richelle’s boutique apartment investment click on the link below.

https://www.realestate.com.au/sold/property-apartment-qld-cairns+north-141497452

Cairns Buyers Agent | Buyers Agent Cairns 

Troyson Bassani 

Owner & Head of Research  

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