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Current Property Listings Cairns Suburbs

Absolutely Charming

  • Location: Cairns Suburbs
  • Net Profit: $60,000 (projected)
  • Total Price: $565,000

The Property

Now in the final stages of construction, this exclusive master planned and purpose built residential complex is located at one of Cairns favourite and picturesque suburbs. Nestled on a large secluded site on the undulating lower slopes of the Whitfield range this secure gated community enclave comprises a combination of 32 two and three bedroom apartments and townhouses.



Entry to the complex is through a large security gate where a designed road leads to an attractively landscaped recreational area with tropical gardens, resort style swimming pool with beach area and cabana. Carefully positioned around the site are four two level building housings the 13 apartments and 19 townhouses built to a high 4 star standard offering comfort and privacy for owners and tenants.

Every building is rendered with textured coating on the exteriors and with gyprocked interiors and all units have a lock up garage. Two bathrooms are standard for all the apartments and townhouses and feature spacious open plan living areas and large private balconies. The manager’s delightful townhouse has three bedrooms, two bathrooms and a private office attached on title and adjoining exclusive use areas.

Of the 32 units some 23 have been sold, to date, to investor-buyers seeking to have their units under management and the projected income has been produced on the basis of 23 units in the manager’s letting pool. Should this figure vary up or down, a rise and fall clause applies.

Location

The complex is only 100 metres from a main arterial road a short 15 minute drive to Cairns CBD and international airport. There’s a new shopping complex within easy reach and a selection of local shops, restaurants, hotel, private and public schools and medical facilities.

Features

  • Manager’s 3 bedroom 2 bathroom townhouse with office
  • 23 units in letting pool
  • Private secure gated community
  • Built and finished to very high standards
  • Excellent lifestyle opportunity

The Facts

Location:
Cairns
Reference Number:
1180
Building Type:
2 level walk-up
Agreement:
25 years
Built:
2007
Commenced:
2007
Total Apartments:
32
Salary:
$32,000
Letting Pool:
23 (est.)
Manager’s Unit:
$350,000
Manager’s Unit:
3 bed, 2 bath
Net Profit:
$60,000 (est.)
Office:
On title
Total Price:
$565,000


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.


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