Position! Position! Position! This huge traditional high-set Queenslander is divided into 3 registered flats and represents an excellent opportunity for renovators to improve even further, the high rental yield and capital growth it currently enjoys. Registered as Multi-unit flats on Residential zoning with a 582 m2 block, the property was divided years ago into a 1 x 2 bedroom flat, a 1 bedroom flat + 1 x 3 bedroom flat. Always fully tenanted, the property generates a rock solid income of $460 per week. You could easily move in and renovate one at a time while still collecting a rental income from the others. Gorgeous casement windows, plenty of silky oak walls to love. Ideally located in one of Cairns fastest growing city fringe suburbs, only minutes to the heart of town and situated right opposite the popular DFO Shopping Centre. This grand old beauty can be easily transformed into a prized piece of real estate. Though in need of a polish, it remains fully tenanted. The opportunities are really are as big as your imagination. Properties of this calibre do not come along often, so make your move today!

A Sustainabilty Declaration can be viewed at the offices of Management Excellence.