This unique investment property offers three standalone properties on the one title of 1062 sq. meters. It is ideally situated being only 10 minutes from the heart of Cairns, an easy walk to Stockland Shopping Centre, close to both private and public schools and 200 meters to public transport.
Unit 1 is the original Queenslander and sits at the very front of the block. This 3 bedroom standalone home has been completely modernised with the addition built in wardrobes to all three bedrooms, timber floorboards throughout (except for the wet areas which are tiled), and the main bathroom boasts a large spa bath. The living area flows out onto the units very own timber entertainment deck and underneath the house is a secure storage area. The house also has one lock up garage and a designated off street second car parking space. This standalone house is currently tenanted and the rental income is $310 per week.
Units 2 & 3 are new additions to the property and both comprise of three generously sized bedrooms, a walk in robe and ensuite to the main bedrooms of each unit, built in robes to bedrooms 2 and 3 and each unit also has internal access to the house from the double lock up garage. The fully tiled living areas are open plan with the combined dining and living areas overlooked by the spacious kitchen. Each unit has its own tiled entertainment patios and an internal laundry for your convenience. Both units are currently tenanted and the rental income is $340 per week, per unit.
Combined with a total rental income of $990 per week, the convenience of the trending suburb Earlville and the cleverly designed layout of this property makes for great investing.
Please contact Joanne Roberts to organise an inspection.