12/147-155 McLeod Street, Cairns North QLD 4870

Introducing this freshly painted spacious and fully self-contained three-bedroom holiday let unit at Koala Court, a prime location in Cairns. Situated just moments away from the Cairns Hospital, Cairns International Airport, CBD, and the picturesque Cairns Esplanade, this property offers unparalleled convenience. Boasting a strong income potential from both tourist and corporate guests on short or long-term stays, this unit presents a lucrative investment opportunity, thanks to its rare three-bedroom layout.

The complex comprises only 20 apartments, nestled amidst lush tropical gardens that overlook the inviting pool area, creating a serene atmosphere for residents and guests alike.

Key features include:

- A well-appointed kitchen equipped with a dishwasher for added convenience.
- Three generously sized bedrooms, ensuring ample space for occupants.
- A spacious open-plan living and dining area, perfect for entertaining or relaxation.
- Security screens, air-conditioning, and tiled flooring throughout for comfort and peace of mind.
- A private patio overlooking the beautiful pool setting, ideal for outdoor dining or unwinding.
- Undercover car accommodation for residents' vehicles.
- Proximity to shops, schools, and transportation options, offering unmatched convenience.
- Professional onsite management providing friendly and excellent service.
- Offers flexibility, allowing owners to use it strictly as an investment or enjoy it as a home away from home during their own short-term stays.

Additionally, the property boasts an impressive net return of approx 10% from the on-site holiday letting, further enhancing its investment appeal.

Additional financial details:

Body Corporate fees: $8,887.50 per annum.
Council Rates: Approximately $2,500 per annum.