Affordable Investment with Strong Returns & Growth Potential
Positioned in a well-maintained complex just minutes from the heart of Cairns, this tidy one-bedroom unit presents an outstanding opportunity for savvy investors looking to secure a low-maintenance asset in a high-growth region.
Currently tenanted at $280 per week with a lease in place until June 2026, and a rental appraisal of $330-$350 per week, this property offers immediate income with strong upside potential.
Ideally located less than 4km from the CBD and only 500m from Raintrees Shopping Centre, convenience is at your doorstep. The complex backs onto a peaceful council park reserve and is directly across from St Francis Xavier Catholic School, making it a highly attractive location for tenants.
With Cairns continuing to gain attention as one of Australia's next major growth hotspots, now is the time to secure your foothold in the market.
- Open plan kitchen, living and dining
- Well-appointed kitchen
- Bedroom with built-in robe
- Bathroom with internal laundry
- Low-maintenance, well-kept complex
- Established gardens with leafy outlook
- Strong body corporate with healthy sinking fund and low fees
- Close to public transport, shops and schools
- Low body corporate fees: Approx. $3,000 per year
- Council rates: Approx. $3,266 per year
Whether you're looking to expand your portfolio or secure a set-and-forget investment, this property ticks all the boxes.
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