This solid, first floor unit is a must see for those savvy investors out there. Built to last, this low maintenance property is the perfect “buy & forget” for your portfolio.
There’s potential to renovate & profit once the market turns but until then, just enjoy the steady rental returns that this property has to offer!
Features include:
* 2 bedrooms / 1 bathroom
* Ground floor unit
* Pool & car-port
* Renting for $210 per week
* Approx 79m2
* Close to schools, shops & public transport
* 10 Units in the complex
CRUNCH THE NUMBERS…
Body Corp: $3600 p/a
Council Rates: $2200 p/a
Rental Return: $10,920 p/a
Suburb Over-view:
Manoora is the third largest suburb of Cairns, with a population of 5604. Manoora is centrally located about 13mins drive west of Cairns CBD.
Local Facilities Include:
* Piccones Shopping Village
* Raintrees Shopping Center
* Cairns West Primary School
*Please note This property is tenanted therefore a minimum of 24hrs notice is required for inspections.