The Property

Mid City Luxury Suites commands a very strategic position in the Cairns CBD and is rated by AAA Tourism as 4 star. It is a delightful complex consisting of 19 fully self contained, serviced one bedroom holiday apartments.

The manager’s two bedroom apartment is readily accessible to the office and a large and spacious back office both on title. In addition, the manager has ‘exclusive use’ of four store rooms located on each floor of the building. Other features include secure car parking for 20 vehicles, saltwater pool, pool shed and BBQ.

Since its introduction into the market Mid City has gained a reputation within the business fraternity as one of the leading providers of corporate accommodation in Cairns. To maintain their very high standards there has been a refurbishment programme carried out over the past 12 months which has seen the progressive upgrade of all of the apartments.

Mid City is very much a business oriented complex with the single purpose of providing a consistently high standard of comfortable and splendidly presented accommodation with a high level of service and amenities.

The complex has purposefully capitalised on its central location and the emphasis on catering to the business community has provided Mid City Luxury Suites with dependable and consistent occupancies and income throughout the year unaffected by the vagaries of the tourism industry.

Location

Perfectly positioned in the very heart of the Cairns CBD at 6 McLeod Street where convenience is the order of the day.

Located opposite Myers at Cairns Central Shopping Centre with all the facilities of the CBD within a very short walking distance. The Convention Centre, Court House, Reef Cruise Terminal for departures to the reef, the Cairns Esplanade Swimming Lagoon and an array of 5 star hotels, boutique shops and al fresco restaurants and bars are all close to the doorstep.

Features

• Manager’s 2 bedroom 1st floor apartment
• Manager’s office and spacious back office on title.
• 4 star rating-excellent corporate clientele
• Enjoy the opportunity to live off site.

The Facts

Location:	Cairns	Reference Number:	1170
Building Type:	3 level walk-up	Agreement:	20+5 years
Built:	1996	Commenced:	1998
Total Apartments:	20	Salary:	$32,393
Letting Pool:	19	Manager’s Unit:	$325,000
Manager’s Unit:	2 bedroom	Net Profit:	$310,190
Office:	On title	Total Price:	$1,850,000

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.