There is a reason that this property is one of the cheapest in Freshwater!! The owner wanted $230,00 but we are for sale at $202,000!! If you are a fussy buyer or want a problem free property - STOP reading now - This one is not for you.
It is a fabulous opportunity for tradies looking for a renovation project in one of Cairns most sought-after suburbs. The townhouse will require floor to ceiling attention, however, if you have the skill and the will to fix it all up, you will reap the rewards as other townhouses in this complex are renting for over $400 per week.
A thorough building and pest report is available to the buyers that think they have what it takes:
- Termite Damage - yes
- Water Damage - yes
- Kitchen needs replacement - yes
- Bathroom needs renovating - yes
- Rear deck needs replacing - yes
The property is a 2-bedroom, 1 bathroom townhouse with single carport and external storeroom. Open plan kitchen/dining/living downstairs with a deck and enclosed external laundry. The bedrooms and bathroom are upstairs, both with built-ins and balconies. Privately situated at the far end of the block and with only 1 shared wall, once renovated it will make an excellent investment or wonderful home.
The townhouse has been leased for the past 20 years by the same tenant who is currently paying $275 per week until 26/03/2023.
Rates - Currently $1379.68 per half year
Water - approximately $60 per 3 months
Body Corporate - $6333.34 per year with a 20% discount for prompt payment of levies
Contact me now with any other questions you may have and look out for the weekend Open Home times.
The opportunity is now yours.....
