The Property

This well maintained complex is further proof of the impressive trading performance provided by properties located of the fringe of Cairns CBD. They consistently return solid results and this complex with 24 two bedroom apartments in the letting pool is no exception.

Recently refurbished, it provides it’s guests with comfortable and affordable 4 star accommodation within a short walking distance of all the facilities and attractions of the CBD.

The apartments are situated in two major three level walk up buildings located on either side of a resort style swimming pool surrounded with tropical gardens, pool lounges and barbecue area.

The site is easily maintained with minimal gardening required and a there’s a large car parking area has 32 parking sites of which 10 are undercover. A large ‘port cochere’ greets arriving guests into a spacious front office with considerable room for servicing guests and for carrying out tour sales.

Joining the office is the manager’s two bedroom apartment with comfortable open plan living area opening on to a large private enclosed and secure courtyard suitable for a pet.

The strong guest traffic at this complex is obtained from sound internet management with plenty of repeat business due to its location and this is further supplemented by a strong walk in trade.

Location

Conveniently located 4 kilometres from the airport and a short stroll to the Cairns Esplanade and beach.

Just two blocks away is the Cairns CBD with its array of restaurants, bars, shopping and a wide choice of entertainment venues ranging from theatres, night clubs, the Cairns Casino and the Convention Centre, home to the Cairns Taipans National Basketball Team.

Features

• Manager’s 2 bedroom ground floor apartment and large private courtyard
• Large spacious office
• 4 star rating
• An excellent easy to manage lifestyle property.

The Facts

Location:	Cairns	Reference Number:	1140
Building Type:	3 level walk-up	Agreement:	25 years
Built:	1988	Commenced:	1999
Total Apartments:	32	Salary:	$44,100
Letting Pool:	24	Manager’s Unit:	$250,000
Manager’s Unit:	2 bed, 1 bath	Net Profit:	$145,000
Office:	On title	Total Price:	$825,000

Contact Us About This Property

If you would like to discuss this property with us, or if you require more information, please contact us online, or by ringing Bruce Bennetts on 0418 773 547 or 07 4033 7885.