18/63-65 McLeod Street, Cairns City, QLD, 4870

$156,000
Sold on 15th July 2021
  • 1 BED
  • 1 BATH
  • 1 CAR

Inner City apartment ROI 9.8%

Inner city tropical apartment located at a well presented, secure 4.5 Star rated resort complex only minutes to Cairns Central Shopping Centre, the CBD and lagoon. This 2nd floor one bedroom apartment is the perfect solid investment offering a tropical, easy lifestyle. Currently rented fully furnished on a long-term lease at $300 per week to the 2.6.2022. Can be owner occupied, permanent let or holiday let through the onsite manager or independently.

-1 Bedroom complete with built in wardrobe and office nook
-Bathroom with bath/shower
-Kitchen has 2 burner hotplate and dishwasher
-Open plan lounge/dining opening to the balcony
-Balcony with views of the swimming pool and mountains in the west
-Ducted air-conditioning and fans throughout
-Well-presented and maintained coin laundry in complex
-Undercover BBQ and entertaining area
-Swimming pool with spa jets
-Secure undercover parking (not allocated)
-Secure complex with holiday onsite manager

ROI 9.8% aprox
Fixed lease $300 per week to 2.6.2022
Council Rates $2,600 per annum aprox
Body Corporate Fees $4,900 per annum aprox
Sinking Fund Balance $45,000 aprox
Number of units in complex 19

Be quick to secure this tropical inner-city gem!


Property Details
Property Type: Residential
Floor Area: 54 SQM

Property Features
Air Conditioning
Ducted Cooling
Built In Wardrobes
Dishwasher
Balcony
Outdoor Entertainment Area
Remote Garage
Secure Parking
Swimming Pool-In Ground

Property Location

Zoe Wicks
Property Expert