13/164-172 Spence Street

Bungalow QLD 4870

Inside, the apartment offers a generous open plan living and dining area, complemented by built-in wardrobes and split system air-conditioning throughout for year-round comfort. The sought-after south-easterly aspect captures natural light while avoiding the harsh afternoon sun.

Currently operating as a successful Airbnb accommodation, the property presents an attractive opportunity for investors seeking immediate income potential. Historical financial information is available upon request, with the property having historically generated approximately $30,000 net per annum. Buyers should make their own enquiries regarding future income expectations.

Whether you're searching for a city-fringe home, lock-and-leave lifestyle or secure investment opportunity, this property offers outstanding value in an enviable location.

The Facts

Ground floor position for easy access
Enclosed patio with direct access to gardens and resort-style pool
Spacious open plan living and dining area
Desirable south-easterly aspect with no western afternoon sun
Built-in wardrobes and split system air-conditioning throughout
Easy walking distance to Cairns CBD, Cairns Central and Esplanade
Secure gated complex with onsite management
Tropical resort-style swimming pool
Currently utilised as a successful Airbnb accommodation
Historical financial information available upon request
Historically returning approximately $30,000 net per annum*
Body Corporate Fees: $9,174 per annum
Rates: $3,266 per annum

*Income figures are historical only and should not be relied upon as an indication of future performance.

Contact Giles today to arrange your private inspection and discuss the property's investment potential in more detail. Please note a minimum of 24 hours' notice is required for all inspections.

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.