$225,000

1 Bed • 1 Bath • 1 Car

Main view of Homely apartment listing, 8/147-155 McLeod Street, Cairns North QLD 4870

Second view of Homely apartment listing, 8/147-155 McLeod Street, Cairns North QLD 4870

Third view of Homely apartment listing, 8/147-155 McLeod Street, Cairns North QLD 4870

8/147-155 McLeod Street, Cairns North QLD 4870

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$225,000

1Bed
1Bath
1 Car

Apartment for sale16 days on Homely

What's around McLeod Street

Apartment description

“1 Bedroom Investment Unit Close to City.”

Discover the ideal balance of comfort and investment potential at Koala Court, situated just moments from essential amenities, including shopping centers, Cairns Hospital, Cairns Airport, and the scenic Esplanade.

This charming 1-bedroom apartment features a balcony surrounded by lush tropical gardens, offering a peaceful retreat right at your doorstep.

This Unit generates consistent income. With its prime location, it attracts both tourists and corporate guests for short- and long-term stays (up to 3 months), providing a potentially higher-than-average return on investment compared to long-term rentals.

This complex is limited to only 20 apartments
-One Bedrooms
-One Bathroom
-First Floor
-Proactive and hospitable onsite management
-Sparkling pool with lush gardens
-Fully furnished for immediate comfort
-Equipped with security screens, air-conditioning, and tiled flooring throughout
-61m2

Financials:

-Body Corporate fees $7021.21
-Rates: $3100 per year.
-Net Returns: ~$15,179.64 P/A, improving each year by 7% returns and growing.
-Holiday Rental ONLY