17/63 McLeod Street

Cairns City QLD 4870

Unit

Currently for sale - view listing

Overview

Perfect For The Professional Investor - Prime Location With Great Returns !

This spacious fully furnished one bedroom unit covering 54 m2 in area is well positioned on the top floor overlooking the resort style pool in the City Terraces complex. Ideal for short term letting, you will be impressed upon entering of the professional on-site management in place. The City Terraces complex is only a 400 meter stroll to Cairns Central Shopping Centre, having excellent security in place with occupants able to avail of the communal remote control lock-up-garage for their vehicles. Access is also available for guests by the front door entrance to the complex, which is locked after hours with guests having key access after hours. The seller has advised that the average Net Income over the last 3 years equates to just over $26,000 per annum ! Body corporate levies are $5,948 per annum wit over $95,824 in the Sinking Fund. Council Rates are $3,267 per annum. The complex was built in 1999. The bathroom in Unit 17 has been renovated to a modern standard, and the design layout of the unit makes it ideal for corporate guests , or those wanting a short escape to Cairns to take advantage of the tourism delights. BBQ facility and covered entertainment area are well positioned in the pool area. Also there is a laundry facility for guests well positioned in the complex. For further information including a detailed Buyers Prospectus, or to arrange an inspection contact agent today !