2/6-8 Faculty Close, Smithfield QLD 4878

Welcome to this fully furnished, fully renovated, modern unit located at Arcadia Gardens opposite James Cook University and Smithfield Shopping Centre.

Due to the onsite managers association with JCU and now the closure of Cairns Student Lodge the level of rental demand for Australian and overseas students is unprecedented. With a predicted weekly rent of $360/wk makes this a lucrative and savvy stress-free investment opportunity.

Alternatively, if you are looking to downsize or relocate or maybe seek an Air BNB or lazy weekender here in Cairns, this walk in ready apartment is the one for you!

-Fully refurbished throughout
-Modern furniture package included
(Extensive Inventory of EVERYTHING, furniture, whitegoods, cutlery, appliances etc)
-First floor with street level access so no stairs
-Basement carpark with lock up storage room
-Option of Wifi included for $20/mth
-28 units in total: 10 owner occupied and 18 investors
-Walk to all amenities nearby

FACTS & FIGURES:
Lots in Complex: 28
Unit Size: 62sqm
Body Corp Fees: $4757 per annum
Council Rates: $2918 per annum
Sinking Fund: $170,000 credit
Admin Fund: $18,000 credit
Rental Potential: $360 per week

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.