39/164-172 Spence Street

Bungalow QLD 4870

Located on the Ground floor of the secure and well-maintained and very popular 'Focus On Spence' apartment complex, is this two-bedroom, two-bathroom apartment.
Perfectly situated for easy access to all that Cairns has to offer, this apartment is ideal for those seeking low-maintenance, inner-city living or a fantastic investment opportunity!

Located within walking distance of the city, this property is also within walking distance to both primary and secondary schools, Showgrounds Shopping Centre, Cairns Central Shopping Centre, sporting facilities and just minutes away from the Cairns Esplanade.

- Right next door to the developing Barlow Park Precinct, watch this area boom in price in coming years
- Secure, gated complex with CCTV and with onsite management to keep the place immaculate and look after your investment
- Exclusive use large back courtyard area with private gate access to Spence Street
- Your own 1 allocated undercover park plus plenty of street parking as well as
- Two good sized bedrooms with built-in robes, master bedroom with ensuite
- Large kitchen with plenty of bench and cupboard space
- Spacious open plan living and dining with split system air conditioning, opening to the balcony
- Main bathroom has the shower over a bath
- A huge patio with a built-in daybed with underneath storage, bi-fold doors
- Laundry area inside the unit
- One allocated undercover car park with plenty of street parking for a second vehicle
- Swimming pool with BBQ area and immaculate gardens
- Onsite management to look after the complex 24/7

- Body Corporate Fees: approximately $1721/quarter
- Council Rates: approximately $2,900 p/a

Can be rented out by on-site manger for approximately $530/week

***Inspection by appointment only.

Please note all gross yields and return details are approximate and are based on the asking price only (not the sale price), the gross return also does not include any tax credits or deductions the purchaser may be entitled to, and is based on information provided by a number of sources. This information is provided as a guide only and is based on figures provided to Onsite Property Pty Ltd and whilst this has been prepared in good faith and with due care, no liability for negligence is otherwise assumed by Onsite Property Pty Ltd , its principal's, agents or servants. Please conduct your own investigations into the subject property to satisfy yourself with the matters concerning the property.