SoldMar 3, 2023

406/99 Esplanade, Cairns City, QLD, 4870

$420,000

2
2
94 m²

Unit

30+ days on the market

Sold: Mar 3, 2023

What's around 406/99 Esplanade

Dual Key, Pool Level Apartment in the Stunning Trilogy Apartments!

Trilogy on the Cairns Esplanade' overlooks all the great attractions and activities of the Cairns waterfront. Positioned right in the CBD amongst amazing restaurants, the Reef Casino, Major shopping centres, and the amazing lagoon. You'll enjoy chilling out on the pool deck overlooking the ocean, cooking up a barbeque on the resort lawns, or having an invigorating workout in the gymnasium. Located in Tower 1 on the 4th level overlooking the Pool, this 2-bedroom, 2-bathroom dual key apartment will be sure to tick all your boxes with the bonus of 2 private balconies all looking out to the sensational pool that is a highlight of the Trilogy Building. Room 'A' has an internal laundry and a fully equipped kitchen with an electric cooktop, rangehood, dishwasher, and ample storage space while overlooking the living and dining area that flows to the outside patio. Room 'B' houses what is considered as a twin bedroom, with a private balcony, ensuite with bath, built-in robe, and tea & coffee nook with space underneath for the bar fridge. Apartment Features: • 2 Generously sized Bedrooms • 2 Private balconies with pool outlook • Air-conditioning throughout • Dual Key access with entrance room • Internal laundry Complex Features: • Amazing Resort Pool • Modern Gymnasium • Grassed BBQ area overlooking the Esplanade • 24-hour reception Onsite Retail Outlets: • 4 Restaurants • Café • Hairdressing salon • Massage parlour • Bottleshop • 24hr Supermarket With only a short walk to the Casino, Rusty's markets, Cinemas, Major Shopping Centre, and the lovely lagoon, the location of this apartment can't be beaten! This property is ready to be loved by its new owner, so call Nicole Bragg today to organize an inspection. Income & Expenses Average monthly income for this period is (owner received after management) $5,400 per month, so estimated annual income is around $64K using the onsite managers. Income earnt year to date paid to owner after all expenses = $1246 per week - $64,000 Expenses Total = $538per week Body Corp is $324.00 per week = $16897.54 annually Special Levy (for next 15 years) - $163.00=$8500 annually (waterproofing, replacement of air-conditioning, 7 years paint maintenance, rubber replacement around windows) Rates $51 per week = $2700 annually

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