1103/2-10 Greenslopes Street, Cairns North QLD 4870

Welcome to unit 1103 at the Lakes Resort


Enjoy the secure resort-style living at its best! This is a fantastic opportunity to purchase one of a handful of apartments featuring a private courtyard garden and a large terrace within The Lakes Resort. Spacious ground-floor apartment, currently vacant, and ready to occupy - ideal for owner-occupiers and investors seeking a secure income.


Features include:

* Two bedrooms
* One bathroom with two sinks and bathtub

* Open plan living
* Kitchen with gas cooktop, plenty of cupboard and granite style benchtop

* Internal laundry

* Tiled living areas

* Quality carpets to bedrooms
* Fully airconditioned with split system air
* Balcony and outdoor area
* Private & fenced Backyard
* One secure allocated basement car parking space
* Secure and gated

* Three resort style pool and tennis court in the complex
* Five minute drive from Cairns CBD and Cairns International Airport

For investors:

Price: Offers over $269,000
Rental Appraised: $485- $495 per week as long term lease
or $200 - $240 per night as holiday letting

Rates: $2,550 approximately per year
Body Corporate approximately : $7,542.90 per year


Potential rental Yield for a long term lease: Approximately 5.25% for a long term lease (Estimate only)

Potential rental Yield for holiday letting: Approximately 16.60% as holiday letting (based on 80% occupancy at $200 per day - Estimate only)
Potential gross rental income for a long term lease: Approximately $25,480 (Estimate only)
Potential gross rental income for holiday letting: Approximately $56,000 (Estimate only)

Call Claudio now to organise your private inspection now!