608/12-21 Gregory Street

The most tightly held and highly sought after apartments all feature one thing in common

• A true, walk-in, ground floor location with a courtyard. This is one of those rare opportunities to buy premium real-estate, that will always have unmatched demand. Features we love:
• Ground floor apartment with private courtyard and separate access - 2 bedrooms (including study configuration)
• Large, kingsized bedroom
• Stone benchtops, gas cooking and plenty of storage
• Open plan living and dining with additional multi-use space
• Split system air-conditioning throughout
• Separate internal laundry, plus storage
• Secure gated complex with onsite management and security
• Full resort amenities at your fingertips
• Secure underground parking plus storage cage - 5 minutes drive to CBD The Figures
• Council Rates approx.: $3,300 per year
• Body Corp approx.: $149.25 per week
• Current Rent: $515 per week
• Leased until November 2026 Cairns One offers the following facilities:
• Situated amongst Acres of lush landscaped gardens
• Nine tropical swimming pools
• Spa pool
• Resident Lounge
• Tennis court
• Complimentary BBQ areas
• Complimentary undercover car parking
• Resort store: souvenirs, groceries and liquor
• Onsite Management
• Security onsite Renowned for their intelligent design, the 1+study apartments within Cairns One offer the space and flexibility of a two-bedroom layout, but with the far more economical ownership costs of a one-bedroom property.

For both investors and owner-occupiers, it's a formula that delivers outstanding bang for buck. The generously sized study provides excellent versatility - easily functioning as a home office, guest room, or even a second bedroom when required. Importantly, when leased, these apartments often achieve rental returns reflective of a two-bedroom property, while still benefiting from the lower strata levies of a one-bedroom apartment - a rare advantage that makes this configuration particularly attractive for yield-focused investors.

For all enquiries or to arrange an inspection, contact Tim Lyon on 0400 355 706. Note: The photos are for illustrative purposes only and may be virtually staged or digitally enhanced, and that the property may appear different in person. All information is subject to change and that interested buyers should verify details. Added 19 August, 2026 Property ID: #R2-5228011 Show More