Discover this unique investment opportunity with this affordable partly furnished studio apartment located in the secure Cairns Gateway Lodge. At just $93,000, it is priced to sell and is an ideal addition to any portfolio with a long term tenant, it really can be a 'set and forget' stream of income.
Situated in a gated complex, this apartment provides a hassle-free living experience. The complex offers excellent privacy and security, enhanced by the installation of electronic security gates.
Key Features:
Partly Furnished Studio Apartment
Ground Level Unit: Easy access without the hassle of stairs
Open Plan Living: Open layout with a separate bedroom and bathroom
In-Ground Pool and Laundry Area: Enjoy resort-style amenities within the complex
Parking at Your Door: Convenience at its best
12-Month Lease: Currently leased at $220 per week, providing immediate rental income
Current lease ends: November 2024
Location Highlights:
Close to Amenities: Just a short stroll to IGA Piccone's Shopping Centre, pubs, local shops, hotels and doctors
Tropical Resort-Style Living: Enjoy the pool and relaxed atmosphere of this 100% residential development (not holiday let)
Financial Details:
Low Body Corporate Fees: $3,183.25 per year
Council Rates: Approximately $2,900 per year
This exceptional investment won't last long at this price. Be quick to secure this gem that promises a solid return on investment.
For more details or to arrange a viewing, please contact Alesha today on 0409 055 236.