CAIRNS CBD OPPORTUNITY NOT TO BE MISSED
Property ID:
web46
Property Details
| Authority | open | | Building Type | 3 Story Walk Up | | Features | Secured Parking, Tour desk, Swimming Pool, Spa, BBQ area, Gym, Sauna | | Pets Allowed? | No | | Reference | 46 |
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Management Rights Information
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$1.050.000,-
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$208,000
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Actual
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$58,308.00
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48
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44
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0
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2
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1
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25
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21
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26
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Managers Unit Features
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No
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Yes
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$200,000.00
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Yes
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1
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1
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1
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Property Description
An excellent trading CBD complex with string trading history.
This property is an outstanding 4 star complex with 48 apartments made up of 26 studio and 22 one bedroom apartments located in a large three level building.
An impressive entry into a spacious lobby sets a relaxed atmosphere for arrivals with wide carpeted hallways and stairs quietly leading to the apartments. The complex was fully refurbished in 2005 to a very high standard and has since been constantly maintained under professional on-site management.
There are three levels to the complex starting on the ground floor which houses the manager’s office and apartment as part of the manager’s holdings on title and exclusive use. The ground floor area is shared with a spacious outdoor relaxation area with a large covered barbecue and dining area capable of seating up to 36 guests surrounded by a delightful landscaped resort style free form pool. There a host of guest facilities throughout the complex such as a ground floor kitchen for servicing guests pool side, guests laundry, gymnasium, baggage room, commercial laundry, and linen and storage rooms on each level.
This excellent complex has a zoning preventing any permanent residency removing any possibility of the manager’s letting pool being reduced in numbers. While this highly favored property enjoys a large following of enthusiastic repeat guests, there remains a great opportunity for further growth above the present annual occupancy levels of approx. 50%
The property is just two blocks from the CBD centre and 7 minutes drive to Cairns International Airport. The complex is only a short walk to Cairns Central Shopping Centre, Cairns Convention Centre, the Cairns Casino, and the delightful Cairns Esplanade precinct.
Agent Details