211/191 Cairns Street

Cairns North QLD 4870

This apartment has just been refurbished with new tiling, new kitchen, new LED lighting with dimmers, new paint job plus more.
Body corp. fees approx. $86 p/w
Council rates and water approx. $46 p/w
Returns over NETT $14,000 (Increasing approximately 5-10% yearly over last 6 years)
Purchase price $160,000
Gross Yield approx. 9%
On-site tradesman, maintenance personnel for any maintenance to your apartment, no call out fees means more for you
CCTV throughout
Property description:
2 Bedrooms all with built ins and fully furnished
1 Bathroom/Laundry
Balcony newly tiled and waterproofed
Ceiling fans to all rooms
Open plan living and dining area
Airconditioning to all rooms via modern quiet Daikin multi split
Security screens to all windows
Security gates front of complex
Large lagoon style in ground swimming pool great for the kids while on holidays
New BBQ Area
Walk to bus stop, super markets, take-away shops for guests convenience
Great onsite managers to protect and grow your investment
Earning your well over $14,000 NETT(After management costs and routine maintenance taken out) currently predicting $15,000 for this coming financial year, over the last 6 years has been returning a year to year increase of 5-10%pa and with tourism in the area increasing this will only continue to rise.
Watch your investment portfolio grow with excellent presentation to the Security gated complex complimented by lush landscaping, Walk to shops and transport for tourists ease makes this a must, act now.
This is the first time this apartment has been for sale in 23 years and the owners are sad to see it go as it has proved to be a great solid performing investment with guaranteed monthly income.
DISCLAIMER * 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.