22/186 Lake Street, Cairns North QLD 4870

This is your opportunity to secure a premium location for under $200,000.

This apartment is located within Palm Court" which is situated next door to the Cairns Base Hospital, just meters to the Cairns Esplanade and within walking distance to the Cairns Marina. The complex has a mix of long term owner-occupier residents and tenanted properties.
Offering space and functionality this unit delivers much more than a great location. With a 84 sqm floor space, unit 22 offers a light-filled space, built in robes, and has an allocated off-street car park. This unit is currently vacant and is suitable for either owner-occupiers or investors.

The property does require a cosmetic renovation but with this work complete there is plenty of potential upside.

Don't delay inspecting this property as it is sure to sell fast! Contract Shaun Craike on 0466 090 016 to arrange an inspection today.

- ------------------------------
THE FACTS
- ------------------------------
Year built: 1970's
Unit size: 84m
Market rent: $360-$390/week after minor repairs
Currently vacant
Body corporate fees: $6,431.04 (if paid on time)
Council rates: Approx $2,600pa