Looking for an investment that's already done the hard work. Unit 27 at 324–328 Sheridan Street offers a renovated, low-maintenance property with a secure lease already in place, making it an ideal addition to any portfolio.
The property is currently leased at $410 per week until November 2027. Approx. 7.1% gross return on investment.
Inside, the unit has been thoughtfully updated with a brand-new kitchen, new flooring and a fresh coat of paint throughout, giving it a clean, modern feel that appeals to the investment market. Air-conditioning keeps things comfortable through the Cairns summer, built-in wardrobe storage keeps the space tidy, and a new security door adds peace of mind.
The complex has also recently installed 18 CCTV cameras, adding security for residents and making the building even more attractive to renters.
Positioned on Sheridan Street, you're within easy reach of the Cairns CBD, the Esplanade, shopping, dining and the airport, a location that stays in demand with tenants.
Features:
Allocated car space
Internal Laundry
New kitchen
New flooring and freshly painted
New Air-conditioning
New wardrobe
Hot water system
New security door
Complex recently fitted with 18 CCTV cameras
NBN
Rates: $1750.40 half yearly
Body Corporate Fees: approx $3900 per annum
Contact today to arrange an inspection or request further information.
