$220,000

1 Bed • 1 Bath • 1 Car • 68m²

Main view of Homely unit listing, 39/26-30 Sheridan Street, Cairns City QLD 4870

Floorplan of Homely unit listing, 39/26-30 Sheridan Street, Cairns City QLD 4870

Second view of Homely unit listing, 39/26-30 Sheridan Street, Cairns City QLD 4870

+12

Sold

Third view of Homely unit listing, 39/26-30 Sheridan Street, Cairns City QLD 4870

Fourth view of Homely unit listing, 39/26-30 Sheridan Street, Cairns City QLD 4870

+10

Sold

39/26-30 Sheridan Street, Cairns City QLD 4870

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$220,000

1Bed
1Bath
1 Car
68m²

Unit Sold on Tue 21 Jun, 2022

What's around Sheridan Street

Unit description

“Solid investment with great rental return in a centrally located boutique apartment complex”

You are welcome to inspect unit 39 at 26-30 Sheridan Street.

Located in the stylish Mediterranean looking complex
"Il Centro" Apartment Hotel. This top floor 1 bedroom unit is close to many local iconic attractions.

This little gem is just a short walk away from Cairns Convention Centre, The Reef Casino, Cruise Ship Terminal, Esplanade and Lagoon. Conveniently located across the road from Cairns Courthouse and Government Buildings, no wonder this apartment is ideal for holiday and corporate guests.

Superb on-site Management and security ensures a safe and relaxing stay for all guests as they enjoy the complex resort style pool, entertainment area and guest lounge.

Features include:

* Top floor unit

* Solid investment with great rental return

* Open plan apartment

* Large bedroom

* Dual access to the bathroom and living area
* Large bathroom/internal laundry with washing machine and dryer
* Kitchen includes fridge, microwave, stove and more
* Fully tiled

* Fully furnished

* Air conditioning
* Balcony overlooking Mediterranean style pool

* Sun deck, gazebo and BBQ area in the complex
* Professional management on-site and lift access
* Fully accredited tour desk
* Wi-Fi access in the common areas

* One undercover, secure car space

Unique inner city living or great investment – do not miss out this rare opportunity!

For investors:

Price: Offers over $195,000
Rental Appraised: $420 - $450 per week
Holiday let appraisal: $180 - $240 per night

Rates: $2,590 approximately per year
Body Corporate approximately : $6,651.47 per year

Potential rental Yield: Approximately 6% - 7%
(Estimate only)
Potential holiday let Yield: Approximately 12% -18% (Estimate only)
Potential rental income: $21,840 (Estimate only)
Potential holiday income: $50,000
(Estimate only)

Unit is currently tenanted - 24 hours’ notice is needed to inspect the property.
Contact us now to organise a private inspection.

* Rental Yield and Rental Income are gross, approximate and based on the current market
**Photos have been taken before the tenant moved in
***Video have been taken before the tenant moved in