For Sale

18/77 Spence Street, Cairns City, QLD, 4870

EOI closing Nov 25th | Guide $750,000 to $800,000

3
2
1
148 m²

Apartment

•

1 day on the market

What's around 18/77 Spence Street

LARGE IN SIZE, IMMENSE IN OPPORTUNITY, GRAND IN LOCATION

Spanning across 2 levels of sought after CBD real estate, apartment 18 in the coveted Beaumont on Spence development, oozes a European cool that seamlessly blends a chic contemporary style with generous proportions and a surprising level of privacy. Welcome home. The Facts: - Spacious, open plan, living kitchen and dining space - Freshly repainted and brand new carpets throughout top level - Large balcony complimented with existing utilities such as water and electricity - Tiled living areas, split system air-conditioning through-out - Generous bedrooms with an abundance of storage space - Internal laundry plus additional w/c for convenience - Secure, gated complex - Secure covered parking with lockup storage room - Impeccably convenient CBD location, walking distance to everything - Versatile ownership structures with options to live, lease, let or profit from lucrative corporate letting options. Some owners leasing for over $1,000 per week. The Figures: - Body Corp Fees: $8,109 p/y - Council rates approx $3,500 p/y - Long term Rental appraisal: $720 to $750 p/w - Holiday let estimates able to be obtained - Built 2003 - Small complex of just 18 With an impeccable position, literally across the road from shopping, dining, cafes and entertainment, Beaumont on Spence is so well situated that you may as well sell your car. Blending an ultra-convenient CBD location with a floor space that is usually reserved for Penthouses or free standing homes, this enormous, 2 story apartment is the ultimate city centre "pad". For added versatility, there is also an onsite manager within the development next door who services some of the apartments within Beaumont and provides the ability to put the property into the profitable holiday let scheme. Making this standout apartment, the perfect option for those not just looking for a CBD home, but an excellent investment opportunity as well. For all inquiries, call Tim Lyon on 0400 355 706. All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
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