28/186-198 Lake Street, Cairns North QLD 4870

When looking for an investment property there are several factors to consider including location, quality of the property, rental returns and opportunity for capital growth. You can't beat the value on offer here.

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.

This home has previously been tenanted furnished for two years at $380/week.

Offering space and functionality this unit delivers much more than a great location. With a 84 sqm floor space, unit 28 is tiled through out, split system air conditioner in living room and main bedroom, and has an allocated off street car park. This unit is currently vacant and is suitable for either owner-occupiers or investors.

Don't delay inspecting this property as it is sure to sell fast! Contract Peter Shervey on 0412597000 to arrange an inspection today.

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THE FACTS
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Year built: 1970's
Unit size: 84m
Market rent: $345-$355/week or $375-$385/week furnished
Currently vacant
Body corporate fees: $6,431.04 (if paid on time)
Council rates: Approx $2,600pa
Sinking & Admin fund: $63,000