52/3-11 Water Street, Cairns City QLD 4870

A Fabulous first floor dual key “SUPERIOR” apartment within the much sought after "Southern Cross" development in the heart of Cairns City. The development is immaculate and very well run by the onsite managers and this is a fantastic opportunity to purchase a great investment to add into your Super Fund if desired and holiday home at a super price. The owners returns for the last financial year have been approx 10% NETT. The location is exceptional being within a short stroll of Cairns Central shopping centre, fine restaurants and cafes and the stunning Esplanade, award winning lagoon and Reef Terminal.

The apartment offers:

- Two upmarket fully furnished one bedroom self contained units.
- Good quality furniture & recently repainted throughout.
- 1st floor position with very light and breezy living space.
- Great location within the development close to the café and lagoon pools.
- Dual key configuration, two apartments in one.
- Two kitchens, two bedrooms, two bathrooms, two living areas and two enclosed patios.
- Fabulous investment to use for your holiday in Cairns.
- Excellent income history with solid returns to the owners.
- Fully air-conditioned and ceiling fans.
- Guest parking areas.
- Weekly return for last financial year after management fees $584.38.
- Body Corporate fees $4500 approx per annum.
- Council rates $2200 per annum.
- Perfectly priced for a quick sale – Please note that this apartment cannot be owner occupied.