DISTINCT
Canny investors should see this FULL Duplex as an opportunity to enter the Cairns Investment market at a budget price. Featuring two individual dwellings each with 2 airconditioned bedrooms and 1 bathroom, secure lockup garages and each with fully fenced yards. Offering an excellent central location and a current combined rental income of $600 per week and potential to grow to $650 per week, this is a unique opportunity for an investor or as a potential addition to a well-balanced SMSF.
THE FACTS
– Each Unit is Fully Airconditioned and features bright and natural light
– Individually comprising of 2 Bedrooms, 1 Bathroom, Open Plan Living and Dining, Internal Garage and Laundry
– No Body Corporate attached to the complex
– Resting on an allotment of 809m2, fully fenced, private and secure
– Both Units feature Long Term Tenancies offering Investors a 6.7% GROSS Rental Yield
– Unit 1 is fully renovated with a contemporary feel, Unit 2 has opportunity to grow the rental yield with a small capital investment
– Located close to Shops, Public Transport, and Parklands
– Rental Appraisal of up to $650 / week
Long Term Tenancies in place, No Body Corporate, New Roof, Fully Fenced