The Property

This very impressive boutique complex comprises a total of 20 apartments with 16 dual keyed giving a total of 36 units in the manager’s letting pool plus the manager’s apartment and an additional 6 retail units located on the Esplanade overlooking the fabulous Palm Cove beach.

Built in 2000, the apartments in this modern low rise complex are spread over three walk up levels serviced by stair wells connecting all levels to the secure basement car park, the guest laundry and guests day room.

The apartments over look the beach or the salt water swimming pool surrounded by a landscaped recreation area of lawns and gardens with a cabana and guests barbecue, spa and swim-up bar facility. The apartments are tastefully appointed and are made up of studios and one, two and three bedroom suites. All the suites have spas on their balconies while the studios are fitted with spa baths.

The manager’s comfortable 3 bedroom 2 bathroom apartment is located on the ground floor and has a spacious living area with a small private courtyard within a few steps to the separate office and reception area located on the Esplanade frontage, and the manager also has exclusive use of additional storage, maintenance and garage facilities

Alassio is in fine form having recently been subjected to an extensive repainting and refurbishment program including the upgrading of spas on the balconies and refurbishment of individual units.

Location

Perfectly located on the corner of Cedar Road and Williams Esplanade at Palm Cove, Alassio occupies a very rare site overlooking the beach, the Coral Sea and nearby islands in a tropical setting almost beyond compare. Little wonder this exclusive part of paradise is such a popular tourist destination with travellers throughout the world.

Located just 25 minutes drive from Cairns International Airport and the Cairns CBD there are plans afoot to create a shopping village precinct in sympathy with the ambience of Palm Cove which will be tastefully designed with supermarket, boutique fashion shops, restaurants and bars and will add further to the tourists experience in this delightful part of tropical Australia.

Features

• Manager’s 3 bedroom 2 bathroom apartment
• Manager’s additional storage facilities
• 4 star rating
• An excellent easy to manage lifestyle property with fabulous potential.

The Facts

Location:	Palm Cove	Reference Number:	1195
Building Type:	3 level walk-up	Agreement:	25 years
Built:	2000	Commenced:	2000
Total Apartments:	20	Salary:	$43,000
Letting Pool:	20 (36 keys)	Manager’s Unit:	$450,000
Manager’s Unit:	3 bed 2 bath	Net Profit:	$175,000
Office:	Exclusive Use	Total Price:	$1,275,000

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.