17/85-87 Martyn Street

Parramatta Park QLD 4870

97 m²

Unit

Currently for sale - view listing

Overview

Spacious City-Fringe Apartment... Secure Investment in "Stanistreet Apartments"

Positioned in the popular "Stanistreet Apartments" complex in tightly held Parramatta Park, this spacious two-bedroom, two-bathroom apartment presents an outstanding opportunity for investors seeking a low-maintenance property close to the Cairns CBD. Offering a generous 97m² of living, the apartment features a practical open-plan design with plenty of natural light and air-conditioning throughout. The living and dining area flows directly onto a private patio, creating the perfect place to relax and enjoy the tropical surrounds. The kitchen is positioned at the heart of the home while both bedrooms are generously proportioned. The main bedroom includes its own private ensuite and the main bathroom features a bath. An internal laundry and secure car space add further practicality. Set within an established complex with a tropical swimming pool, this is an easy-care investment in an incredibly convenient city-fringe location. Currently leased, with long term tenants, until 21st July 2027 at $475 per week, the property offers immediate rental income with a current rental appraisal of approximately $590 - $610 per week. Property Features: * Two generous bedrooms * Two bathrooms including an ensuite to the main bedroom * Spacious open-plan living and dining * Air-conditioning throughout * Private patio area * Functional kitchen with ample storage * Bath in the main bathroom * Internal laundry * Secure lock up garage with roller door * Swimming pool within the complex * Generous 97m² layout * Convenient Parramatta Park location close to the Cairns CBD * Currently leased at $475 per week until 21st July 2027 * Rental appraisal of approximately $590-610 per week * Body corporate fees of approximately $5,000 per annum * Full Seller Disclosure Statement coming soon Offering space, convenience and secure rental income from day one, this is a fantastic opportunity to invest in one of Cairns' most accessible city-fringe suburbs. Whether you're looking to enter the property market, secure a reliable investment, or add to your portfolio, this is an opportunity not to be missed. For further information or to arrange a private inspection (minimum 48 hours' notice required due to tenancy), contact Natasha Whalley-Thompson on 0487 154 973. All off the tenants belongings have been digitally removed for privacy reasons. The property is not vacant.