16/147-155 McLeod Street, Cairns North QLD 4870

Located on the top floor of the reputable "Koala Court', apartment 16 offers an exceptional investment opportunity, with unmatched holiday rental yields, strong reoccurring demand and room for further capital appreciation, all while giving the owner the highly attractive option of utilising the property during their own holiday getaways.

Features we love;
- High yielding holiday let returns
- Top floor location, offers best in complex views
- Corner location, maximises available natural light and breeze
- New tiled flooring throughout
- Brand new ensuite
- Sold fully furnished, in turn key state
- Dedicated onsite management and holiday let facilities
- Close proximity to CBD
- Covered Parking for guests
- Secure gated complex with manicured resort gardens

The Figures;
- Attractive returns of 6.4% Net
- Body corp levies; appor $9000 per annum (awaiting disclosure statement)
- Council rates; approx $3200 per annum
- Built circa 1995
- 120m2 on title
- Small complex of just 20 apartments

Positively geared investment properties are quickly becoming nigh on impossible to find, could this be one of the last chances to secure a property that puts cash back in your pocket? With a strong, reliable history of holiday let returns, repeat clientele and corporate demand, it's little wonder this apartment has stayed with the same owner for almost 20 years.

Due to the high number of bookings this property experiences, inspections are strictly by appointment only. For all inquiries or to arrange in inspection, contact Tim Lyon - apartment specialist, on 0400 3557 06


All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.