201/57-65 Paradise Palms Drive, Kewarra Beach QLD 4879

This a wonderful investment opportunity not to be missed. This low-maintenance dual-key apartment within the luxurious Paradise Palms Resort is available with long-term tenants already in place. Apartment 201 is fully furnished and is a spacious and well-maintained property that features a host of modern finishes and fixtures throughout, as well as air-conditioning and ceiling fans. The apartment is complete with a modern kitchen with stone benchtops and a gas cooktop, leading on to an open plan living and dining room, then stepping outside to the private all-weather balcony. The two bedrooms are both a great size and feature built-in robes, both with ensuites. You have access to the amenities including the pool and BBQ area, as well as a single-car spot with storage within the secure underground parking. Set within a sought-after suburb, the resort is just 20 minutes north of the Cairns CBD and international airport and is within walking distance of the beach. Shopping centres, schools and amenities are also close by, adding further appeal.

The Facts:

• Built 2008
• 137m2
• Council Rate - Approx $2,900pa
• Body Corporate – Approx $8,800pa
• Current Rent Return $420pw – will increase to $475pw mid-June 2024, lease in place till June 2025
• Good positive return for prospective investors

This apartment boasts ample appeal to investors and homeowners alike, apartments like these do not stay on the market for long.