Positioned in the heart of Cairns, just moments from the Esplanade, Lagoon, Casino, Convention Centre, restaurants, cafes, shops and the Reef Fleet, this spacious dual-key apartment at Park Regis offers an appealing combination of location, flexibility and lifestyle, with genuine potential for strong ongoing holiday rental returns.
Set on the third floor, this corner apartment enjoys an outlook across the city towards the surrounding mountains, with two private balconies providing plenty of opportunity to relax and enjoy the tropical Cairns atmosphere.
Offering approximately 112m² in total, the property comprises a spacious one-bedroom apartment together with a separate studio, allowing the accommodation to be configured to suit a range of ownership and investment needs.
The main apartment which has the benifit of 3 new split system air/cons features a fully equipped kitchen with dishwasher, open-plan living and dining, bedroom, bathroom with bath, laundry, office area and generous balcony. The adjoining studio includes bedroom area, tea & coffee station, bathroom, office nook all air conditioned and private balcony. .
Flexible Ownership & Management Options
One of the property's key advantages is the flexibility it provides to the new owner, with three potential ways to utilise the dual-key configuration:
1. Full Park Regis Management
Place both the one-bedroom apartment and studio into the Park Regis management program, operated through the Seibu Prince Hotels & Resorts organisation.
2. Part Management / Part Personal Use
Have Park Regis manage one side of the dual-key while retaining the other for your own personal use, providing a convenient Cairns base while still generating income from the managed component.
3. Private Management
Retain both apartments and manage the accommodation privately, providing the greatest flexibility over how each space is utilised.
The property is zoned for short-term accommodation, with occupancy permitted for stays of up to three months at any one time, subject to the applicable requirements and management arrangements.
Residents and guests also enjoy secure undercover parking, two elevators and access to Park Regis's rooftop facilities, including a swimming pool and BBQ area an ideal place to unwind and enjoy the tropical climate.
A central Cairns location, generous proportions and genuine dual-key flexibility make this a property a great lifestyle choice or investment that can be geared for high holiday let income.
To discover more about the income potential, current rates and body corporate fees, management options and the flexibility this unique property offers, contact Darcy on 0400 080 555 to arrange your private inspection.
