4/157 Grafton St, Cairns City, QLD, 4870 - Apartment Sold on 30 05 2017

SoldMay 30, 2017

4/157 Grafton St, Cairns City, QLD, 4870

Amount undisclosed

0 m²

Apartment

•

25 days on the market

Sold: May 30, 2017

What's around 4/157 Grafton St

THE MOST YOUR MONEY CAN BUY - Excellent Return on Investment

Well managed and maintained Holiday Apartment in "Getaway on Grafton". The return on this unit has netted between 7% and 8.4% over the last two years. The management team in place here are very experienced and professional with approx. 40% international and 60% domestic clients. Ideal investment for self managed superannuation funds. Cannot be owner occupied and you will need a sizeable deposit but the figures don't lie. Recently updated throughout & located in a prime pocket in the City just a short walk to the esplanade. Immaculate unit comprises of 2 well-proportioned bedrooms, 1 large main bathroom, separate toilet and spacious open kitchen/living with balcony. - Fully furnished open plan living with air-conditioning throughout. - Great opportunity for Investor. - No Lift - Council rates $2500 approx annual - Body Corp Fees $5200 approx annual - Around 75% occupancy - Resort-style pool with both spa and BBQ facilities