18/35-37 Louie Piccone Way, Edmonton QLD 4869

Welcome to unit 18 at the Cairns Gateway Lodge. This quaint, one bedroom apartment within the secure gated complex in Edmonton offers an excellent addition to any portfolio. With a steady income currently $245 per week until the end of October then it can be increased to a forecasted $300 per week. This is your next low-maintenance "set and forget" investment.

Features Include:

• Top-Floor Unit: with a balcony and only one side neighbor.
• Open Plan Living: Functional layout with distinct living, bedroom, and bathroom spaces.
• Resort-Like Facilities: Enjoy access to an in-ground pool and communal laundry.
• Current Lease Until October 2024: Rented at $245 per week, providing consistent income.

Location Highlights:

• Convenience: Walking distance to IGA Piccone's Shopping Centre, local shops, pubs, hotels, and medical facilities.
• Tropical Lifestyle: Relax in the peaceful, residential-only complex with a resort-style atmosphere.

Financial Information:

• Low Body Corporate Fees: approx $4,147 per year.
• Council Rates: Approx. $3,000 annually.

This well-priced investment property, offering both security and solid returns, is unlikely to stay on the market for long. Don't miss out on this opportunity!