$1,268,000

12 Bed  •  6 Bath  •  6 Car  •  1242m²

Main view of Homely block of units listing, 1-6/11 Sandown Close, Woree QLD 4868
Second view of Homely block of units listing, 1-6/11 Sandown Close, Woree QLD 4868
Third view of Homely block of units listing, 1-6/11 Sandown Close, Woree QLD 4868
+12

Sold

1-6/11 Sandown Close, Woree QLD 4868

Copy address

$1,268,000

  • 12
  • 6
  • 6
  • 1242m²

Block of Units Sold on Mon 11 Nov, 2024

What's around Sandown Close

Block of Units description

“Outstanding Investment Opportunity”

DISTINCT

Discover a fantastic investment opportunity just 8 minutes from Cairns CBD! Located in a high-growth area with strong demand due to its proximity to major shopping centres, schools, and recreational facilities, this property boasts 6 individually titled apartments.

With central appeal and excellent rental yields, now is the time to invest before prices increase. The property currently offers a guaranteed rental returns, making it a smart choice for investors.

THE FACTS
- Entire complex situated on a 1242m² battleaxe allotment
- 6 ground-floor units, each on separate titles
- Managed under an inactive body corporate
- Building 1 (Units 1-4) constructed in 1980, Building 2 (Units 5 & 6) in 2005
- Each unit features 2 bedrooms, 1 bathroom, and 1 car space
- Units 5 & 6 include lockup garages

Investment Highlights
- The complex is under a head lease providing guaranteed rental returns
- Current gross rental income: $115,440 ($370 per week per unit)
- Zero management fees*

A Pre-Sale Building and Pest Inspection and Investment Memorandum Available on request.

These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the property’s potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs.

Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.

Property features

airConditioning

Air Conditioning

broadband

Broadband

builtInRobes

Built-in Robes

fullyFenced

Fully Fenced

secureParking

Secure Parking

toilets

Toilets: 6

Other features

0

Municipality

Cairns Regional Council

Land details

Area: 1242m²

Property video

Can't inspect the property in person? See what's inside in the video tour.

Fourth view of Homely block of units listing, 1-6/11 Sandown Close, Woree QLD 4868View more
Fifth view of Homely block of units listing, 1-6/11 Sandown Close, Woree QLD 4868View more

Contact the real estate agent

This property has been sold
But you can still contact the agent
1-6/11 Sandown Close, Woree QLD 4868
By submitting your enquiry, you agree to our Privacy Policy.

Nearby schools in and around Woree, QLD

Top reviews by locals of Woree, QLD 4868

Discover what it's like to live in Woree before you inspect or move.

Discussions in Woree, QLD

Wondering what the latest hot topics are in Woree, Queensland?

Similar Block of Units for sale in Woree, QLD 4868

Properties for sale in nearby suburbs

Report Listing