Youâre welcome to inspect this great one bedroom apartment in Amphora Street, Palm Cove.
With two fully renovated units for sale you can choose to buy one (for $240,000) or secure both of them (Price to be negotiated)! This is a unique opportunity to purchase a low maintenance money maker investment property.
All located on the ground floor just a short walk to the World-famous Palm Cove Beach and less than 20 minutesâ drive from Cairns International Airport.
With light neutral colours and plenty of natural light each unit is complimented by the position and property features. Glass louvres freshly painted white walls, privacy screens, new modern kitchen & bathroom, lovely finishing, new flooring, and your own private courtyard area. The bedroom has a privacy screen outside so you can leave the curtains and windows open for cooling breezes and the renovated bathroom has a modern and stylish look.
With only 12 apartments in the complex and a large pool with feature wall and shower this home has the lot, just a short stroll to Palm Cove Beach and restaurants.
A lovely lifestyle awaits!
Features include:
* One bedroom
* One fully renovated neat and tidy bathroom
* Modern Kitchen with plenty of cupboard space and breakfast bar
* New Flooring
* Fully airconditioned
* Private Backyard
* One secure allocated car parking space
* Shared pool
* Short walk from the beach
* 20 minutes drive from Cairns International Airport
* Low maintenance
* Low body corporate
For investors:
Price: $240,000 (Each unit)
Rental appraised long term: $310 – $350 per week
Rental appraised holiday letting: $150 – $180 per night depending on the season
Rates: $2,600 approximately per year
Body Corporate approximately : $4,461.49 per year -
10% discount for prompt payment ($4,015.34)
Potential rental Yield long term rental: Approximately 5.2% (Estimate only based on the highest rent return).
Potential rental Yield holiday letting: Approximately 17% (Estimate only based on the highest rent return)
Potential long term rental income: $18,200 (Estimate only based on the highest rent return)
Potential holiday letting income: $ 43,350 (Estimate only based on the highest rent return and 70% occupancy)
Call Claudio now to organise your private inspection – a notice of 24 hours is needed to inspect the property.