With a Nett Return of over 10% for FY ending June 2023.
2 Bed / 1 Bath - 66sqm
These spacious, 2-bedroom, holiday let units are fully furnished and self-contained. Ground floor and poolside, they are presently rented out through an on-site manager and are part of a small letting pool of 25 units in a 26 unit complex. Popular with family holiday makers and those seeking medium term accommodation, the complex recorded an excellent occupancy of 86% in 2022 and offers strong and growing owner returns.
Features include:
- Gas cooking with ample bench space and storage plus a full-sized refrigerator with freezer compartment, microwave, pantry, crockery, cutlery, pots, pans and cooking utensils
- Fully-furnished, open plan living and dining with dining table, flat screen TV, two sofas, coffee table and ample linen storage
- Two good sized, carpeted bedrooms with box air conditioning, one with three single beds plus desk and robes, the second with a double bed and robes
- Tiled living and dining with ceiling fans
- Bathroom with step-in shower and separate toilet
- Large resort style pool featuring tropical landscaping and a dedicated BBQ area
- On-site facilities include free WiFi, guest laundry, tour desk, bicycle hire and vending machine
- Secure parking for 8 carparks undercover, 5 carparks uncovered and ample off-street parking
- Body corporate fees approximately $6,315 per annum
- Council rates approximately $2,759 per annum
- 12-month nett return above $18,000 (approx.) as at 30/06/2023
- These properties are only suitable for holiday let and short-term rental (up to 3 months)
- Owner use available up to 30 days per year
Superb location only 200 metres from the Esplanade and within easy walking distance of Cairns CBD and Cairns Base Hospital. Five minutes to domestic and international airports and on a direct bus route to Cairns CBD and surrounding suburbs with great exposure on the main road into the city.
Don't miss your chance to inspect, call David Hall on 0491 332 700 today.
