5/31 Miles Street, Manoora QLD 4870

Properties like this do not come along often. Located 15 minutes from the Cairns CBD and offering an unique design this unit is outstanding value.

This low maintenance apartment is located in a small single level complex of 8 units and features it's own private courtyard. The bathroom has a spacious layout and features an internal laundry. One of the unique features of this apartment is the high ceilings allowing plenty of natural light into the property.

In the last 12 months rental yields have increased in Manoora and vacancies are at all-time lows. For this apartment, there is a current rental appraisal of $220/week.

Priced at $79,000 this property represents significant value in today's market and is a great proposition.

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THE FACTS
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Year built: 1985
Unit size: 31m
Market rent: $220/week
Lease: Vacant
Body corporate fees: Approx $2,928pa (if paid on time)
Council rates: Approx $2,600pa