7/255 Lake St, Cairns North QLD

Sit back and enjoy this hassle-free large 72m2 1 bedroom modern investment property with a guaranteed rental income! Even when the property is vacant, you still get paid. And it's positioned in a highly sought-after location diagonally opposite the Cairns Hospital, but quietly located at the rear of the complex. What could be better than this - a prime location, no vacancy periods waiting for tenants plus a guaranteed rental return!

Located on the first level, this spacious and modern 1 bedroom, 1 bathroom apartment has just been freshly painted throughout and is fully furnished and air-conditioned throughout. The size of the apartment at 72m2 is bigger than the other 1 bedroom 62m2 apartments in the complex and offers high ceilings throughout, large bedroom with built-in robe, modern well-equipped kitchen and bathroom, plus generous open plan tiled living/dining area flowing onto an outdoor tiled balcony.

This apartment can be lived in as an owner-occupier or rented out permanently (perfect for doctors/nurses with Cairns Hospital a stroll away) or rented through the onsite managers on holiday-letting. Opportunities for properties like this in Cairns are limited and with the owners pricing this property to sell, be quick to snap it up!