54 Racecourse Road

This stylish spacious home offers exceptional space and diversity. Set on a generous, flat 1,249 m² block with a lush, green space and creek access. This impressive property is ideal for large families, multi-generational living, or savvy investors seeking a strong rental return in a high-demand regional market. Property Features: - 6 generous bedrooms, including a private master retreat with ensuite - 2 well-appointed bathrooms

• Contemporary kitchen featuring stone benchtops, a 900mm gas cooktop, electric oven, and a walk-in pantry
• Light-filled open-plan living downstairs designed for easy family living and entertaining
• Separate family zone upstairs - ideal as a media room, kids' retreat, or potential dual living space
• Ceiling fans and air conditioning throughout for year-round comfort
• Expansive bifold doors opening onto a large entertaining deck, seamlessly blending indoor and outdoor living
• Large shed with ample space for vehicles, boats, or workshop use
• Fully fenced backyard with established greenery, offering privacy and a safe space for children and pets Investment Highlights:
• Proven rental performer with strong returns
• Currently leased at $650 per week, with reliable income history
• Healthy yield potential in a market with consistently low vacancy rates.
• Potential yield margin of over 5.6%
• A rare large home for the region, boasting dual living potential, multiple living spacious.

Perfect for government and business clients seeking to obtain accommodation for workers. Location & Lifestyle: Enjoy the best of Cooktown's relaxed coastal lifestyle while being still close to essential amenities. The property is just minutes from local shops, schools, and services, ensuring convenience for both residents and tenants. A nearby boat ramp offers easy access to exceptional fishing and marine activities. Surrounded by breathtaking natural beauty, you are within easy reach of iconic national parks, pristine waterways, and scenic walking trails.

From weekend adventures to tranquil everyday living, Cooktown offers a unique blend of nature, community, and lifestyle appeal that continues to attract both residents and renters alike. This is a rare opportunity to secure a large, modern home with both lifestyle benefits and solid investment credentials in one of Far North Queensland's most desirable regional locations.

Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate but, accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective buyers should make their own enquiries to verify the information contained herein. Added 08 May, 2026 Property ID: #L40374845 Show More