Escape the cold southern winter months with a holiday to tropical Cairns that actually pays you! It’s a buyer’s market in Cairns, and this fantastic investment opportunity is available at a never to be repeated price. Recently reduced from $199,000 to an amazingly low $175,000. Currently tenanted at $380 p/w rent, with potential earnings of over $19,000 gross p/a. On site managers will take care of everything, simply book the dates you would like to enjoy your holiday, and watch the rent flow in. Net return around 8%
- Located 1 block from the esplanade, and in the center of Cairns city.
- 1 bed, 1 bath, Holiday let serviced apartment
- Open plan kitchen and lounge
- Fully furnished, Air conditioned
- Resort pool and outdoor entertaining
- $380 p/w rent
- Secure undercover parking
- Body Corps ~$4500, Rates ~$2200
- July 2012 experienced 100% occupancy and great returns for investors!
Don’t hesitate, secure a solid investment and start taking advantage of annual holidays with tax benefits in sunny Queensland.