102/53 McCormack Street, Manunda QLD 4870

Presenting the perfect and unique opportunity for an astute investor or owner occupier.

Situated on the ground floor in a modern, gated, and well-maintained complex with a pool this unit has the unique feature of a private fenced backyard.
Within 5min walk of a busy shopping center, schools, public transports this units is fantastically located!

Features include:

* two bedrooms with built-in robes and Aircon
* one bathroom with a brand new vanity
* internal laundry

* separate lounge & dining areas

* centrally positioned kitchen with plenty of cupboard space
* private balcony
* private fenced backyard

* sparkling in ground pool in the complex

* under cover off street parking
* security screens

* low body corporate with an healthy sinking fund


Suburb Over-view:
Manunda is an inner-city suburb of Cairns and has a high number of rental properties, which are mixed in terms of types of housing; there is a range of separate house, duplexes, units, and apartments in the area. It is a relatively affordable place to live in Cairns particularly since it is quite close to the city center - about 7mins west of Cairns CBD.

Local Facilities Include:

* St Francis Xaviers school
* Raintrees shopping center
* Cairns West state school
* Trinity Bay state school
* Sporting facilities

* Cafe and takeaway shops

* Public transports


For investors:

Price: $160,000
Current Rent: $250 per week until October
Rental Appraised: $280 - $300 per week
Rates: $2,550 approximately per year
Body Corporate: $3,044.31

Potential rental Yield: Approximately 5.97% (Estimate only)
Potential rental income: $15,600 (Estimate only)

Currently leased till October
- please call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.
*Photos taken prior to tenants moving in.