The perfect investment opportunity with a rental return of $660 per week.
The building comprises of three separate residences. Upstairs is a three bedroom (No.3) split level home. It has a full length balcony to catch the cool breezes and views and is currently tenanted for $330 per week.
Downstairs are two (No’s. 1 & 2) self-contained units rented for $165 per week.
This property has so many options – live in one residence and rent the other for profit? Perhaps accommodation for students, extended family or staff housing.
Enjoy your privacy on the 1012m2 block of land. It only has one immediate neighbour with council reserve at the rear and Mt Whitfield Conservation Park at the side of the property.
Only a couple of minutes’ drive will take you to Cairns CBD and International Airport.
NB – Check out the floor plans for all three residences on this webpage.