Here is an amazing opportunity to purchase a long held property in sought after Edge Hill. Located on Collins Avenue these three town houses are in original state and are ready for a new future. Two of the townhouses are adjoining. Both with 3 bedrooms on the upper level with internal laundry and storage. There are balconies and abundant windows for light and the breeze to come in. Each has a bathroom upstairs and one on the ground floor. They have an abundance of living areas and balconies. The kitchens are a good size with a pantry separate dinning area. The stand alone townhouse is single level and features 2 bedrooms and 1 bathroom with a lock up garage and a carport. All three townhouses has different attributes.
The townhouses currently achieve over $1,000 rental income per week. There is potential to renovate the existing building to improve the investment. Alternatively the site could be re-developed of course with the appropriate approvals from Council.
Area Features -
Cairns Botanical Gardens
Excellent cafes and restaurants in walking distance
Excellent rental potential
10 Minutes drive to the CBD
4 Minutes drive to the Cairns International and Domestic Airport
This is a rare opportunity to secure a property which has been held in one family for over 50 years. Please call Jenna Shingles for further information and a private inspection of this unique property.