236/191-193 Mcleod Street

Cairns North QLD 4870

Construction in Cairns is booming, get in before the prices rise.

This well presented and onsite managed fully furnished 2 bedroom holiday let apartment is returning a very solid $13,500+ NETT (after management fees and unit maintenance) income per annum, increasing yearly, operating in holiday letting pooled complex with both corporate and holiday guests giving you a guaranteed rental return throughout the year whether the unit is used or not. Because it is holiday let, we can guarantee you will always have a rental income unlike permanent rentals.

Body corp. fees approx. $86 p/w
Council rates and water approx. $46 p/w
Holiday rental average $290 p/w NETT (after management fees and unit maintenance)
Purchase price $155,000
Gross Yield 6.45 % *

Property description:

2 bedrooms all with built Ins
Refurbished bathroom
Balcony leading off living area
Ceiling fans to all rooms
Tiled throughout
Open plan living and dining area
Air conditioning to all rooms, spilt system Daikin
Modern kitchen with artificial stone benchtop
Dishwasher
Security Screens to all windows and doors
NEW LED room lights to all interior, dimmable in living area and bedrooms
Direct dial phone system
Wireless internet for guests
Large covered entertainment area with BBQ and pool in complex
Walk to Bus, trains, schools and shops for holiday guests convenience
Great onsite managers to protect and grow your investment

No work needed to the unit, just buy and have instant continuing income. Watch your investment portfolio grow with excellent presentation to the Security gated complex complimented by lush landscaping, Walk to shops, transport and schools for holiday guests ease makes this a must, act now.
A lot of work has been done in the common area recently like pathways, pool sail shade, rear gardens, fencing to be completed soon.
The onsite manager is dedicated to this complex, is very tech savvy and is always on the go improving the common area and very knowledgeable. He is an asset to the complex.

* 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