This is the original house that has been converted into 4 x 1 bedroom flats and 1 x 2 bedroom flat.

Unit 7 (1 bedroom) is rented for $150p/w, lease expires 26/02/2010.
Unit 8 (1 bedroom) is rented for $180p/w, lease expires 05/02/2010.
Unit 9 (1 bedroom) is rented for $150p/w, lease expires 08/06/2010.
Unit 10 (1 bedroom) is rented for $180p/w, lease expires 27/01/2010.
Unit 11 (2 bedroom) is rented for $220p/w, lease expires 09/11/2009.

All of the apartments are air-conditioned and fully self-contained. At the front of the complex are 6 x 2 bedroom units that are individually owned and part of the same body corporate.

Body corporate fees are $2,853.34 x 3 lot entitlements = $8,560p.a. Council rates are $1,800 x 3 lot entitlements = $5,400p.a. Gross Income $45,760p.a.

This is an ideal cash flow positive property and would be ideal to live in one and rent out the rest or simply collect the rent! Do you figures on this little beauty!!

This property is proudly offered for sale by LJ Hooker Edge Hill. For more information please contact Paul Davis “The Home Unit Specialist” on 0418 873 760 or 07 4053 9910.

Do you want to keep up to the minute with the Cairns Unit Market? Cairns most experienced sister-brother unit team have been selling units and duplexes in Cairns for 15 years. For honest, straight-talking action you need to call us, Paul Davis & Belinda Davis ‘The Home Unit Specialists’.

You can call or email us and we will post you the booklet of ‘Cairns Largest Range of Units and Duplexes’ or you can pick it up from LJ Hooker Edge Hill – 81 Woodward Street, Edge Hill.

You can also log onto www.ljhooker.com.au & join ‘myljhooker.com’ to receive emails of new properties automatically and direct from us.

Some of these studio apartments have waterviews and some on the lower levels have balconies with pool and gardens views. Approximately 40m2. Can be renovated with a kitchen added for longer term stays or rentals. ‘Sunshine Towers’ has on-site managers, lifts, a restuarant and secure b