349/175 Lake St

Cairns City QLD 4870

52 m²

Apartment

Currently for sale - view listing

Overview

INNER CITY INVESTMENT OPPORTUNITY - CASCADE GARDENS

Welcome to Unit 349/175 Lake Street, Cairns City - "Cascade Gardens", a fantastic opportunity to secure a fully furnished one-bedroom apartment in the heart of Cairns. Perfectly positioned within walking distance to the Esplanade, restaurants, cafés, shopping precinct, Cairns Hospital, and the Cairns State High School, this property offers an ideal combination of location, convenience, and investment potential. Currently operating as a holiday let, this apartment provides investors with the opportunity to benefit from Cairns' strong tourism market, with existing bookings in place through to February. Property Features: *Fully furnished, air-conditioned one-bedroom apartment *One bathroom with shower *Private balcony *Resort-style complex featuring a beautiful swimming pool and BBQ area *Total floor area of approximately 52m² *Conveniently located beside Munro Martin Parklands and close to all city amenities Investment Details: *Estimated gross return: approximately $42,000 per annum *Council rates: approximately $3,200 per annum * Body corporate: approximately $7,223 per annum Whether you are looking for a low-maintenance investment, a CBD base, or an entry point into the Cairns property market, this apartment represents an excellent opportunity in a sought-after inner-city location. Contact us today to arrange your inspection. Secure your spot early! Register now for a seamless bidding experience at our upcoming auction: https://auctionslive.com/app/bidder-registration/oj1WQ **Disclaimer: We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement. The website may have filtered the property into a price bracket for website functionality purposes that does not reflect the actual price bracket.