Located in the Tropical Resort of “Regency Palm” is this quality ground floor apartment that features 2 air-conditioned bedrooms, spacious open plan living that flows to a private fenced courtyard that is screened by mature gardens.
The apartment is offered fully furnished and with a quality Tenant that has moved in on a 12 month lease that commenced 30/5/2008 and runs till 29/5/2009 @ $300 per week..
Kitchen cupboards have just had new doors fitted, draws have been refaced.
“Regency Palms” is located just a short distance to all that Cairns Offers, restaurants, entertainment venues, The Esplanade, shops and churches, transport available at your front door.
The complex features split design resort pools and covered gazebo & BBQ, change rooms and toilets.
Ideal opportunity for the astute investor, this is SOUGHT after Real Estate.
Just do the numbers based on your Gross Rent Returns of $15,600 per year, and reduced to $219,000 you will get a solid return.
Site plan of the ground floor of the complex is in the photo section of this feature and the property is Lot 3.