With the Cairns CBD just minutes away this ground floor studio unit in the “Cairns Holiday Lodge” complex is a prime investment opportunity! If youre looking for a long term cash cow or a pick & flick then this hot property is perfect
Features include:
* Rents for up to $210 pw
* Ground floor / furnished / approx 35m2
* Pool & car-port
* Short term rental only (3 months) / No owner occupy
* 40 units in the complex
* On-site management
CRUNCH THE NUMBERS…
Body Corp: $5300 p/a
Council Rates: $2200 p/a
Rental Return: $10,920 p/a
Suburb Overview:
Cairns North is about 6mins drive north of Cairns CBD. There are approximately 1708 properties in Cairns North and the population is increasing rapidly. The area also has a significant amount of tourist accommodation and is popular with young couples and professionals.
Local Facilities Include:
* Cairns International Air-port
* Tobruk Swimming Pool
* Parks & recreational areas
* Cairns Base Hospital
*Please note This property is tenanted therefore a minimum of 24hrs notice is required for inspections.