This beautiful townhouse, in an ideal tropical setting, within a great community, surrounded by tropical parklands and walking tracks, is now for sale. Comprising two very large bedrooms upstairs with built-in wardrobes. Living area downstairs with a fully equipped kitchen and loads of storage. Living area leads to a private court yard. Undercover carpark conveniently located right at the front door. Pool in complex and low Body Corporate fees and rates.
⢠Solid Investment +6% return
⢠Close to town
⢠Close to Cairns Botanical Gardens
⢠Parking at front door
⢠Large Bedrooms with built-ins
⢠Security screens throughout
⢠Private courtyard
⢠Swimming pool
⢠loads of storage
⢠78M2
⢠Low Body Corp and rates
This property has a return on investment of over 6% per annum after outgoings and has long term and reliable tenants in place. Cairns is one of Australia's fastest growing residential markets and average home price have increased 30% in the past 12 months. The property is currently tenanted under contract till Feb 2023 with a rental income of $335 P.W. The property has Body Corporate fees (approx.) $2700 P.A. Cairns City Council Rates (approx.) $2800 P.A.
* R.I.O yield is approximate and based on the current market
** Photos and video taken on 1 June 2022