Sold
88/3-11 Water Street, Cairns City QLD 4870
$223,000
- 2 Bed
- 2 Bath
- 0 Car
Apartment Sold on Tue 5 Mar, 2019
Apartment description
“Cairns City !! Smart Investment 7% PLUS Net Returns !!”
A Fabulous 2nd floor dual key 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 great opportunity to purchase a great investment to add into your Super Fund if desired and holiday home at a super price. 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 fully furnished and immaculate self contained units on one title.
- Quality furniture & repainted throughout.
- Light and breezy living spaces.
- Great location within the development close to the caf and lagoon pools.
- Dual key configuration, One bedroom unit plus separate studio unit.
- Two kitchens, two bedrooms, two bathrooms 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 to owners after management fees and upgrades $462.25 - 7.06% approx NETT RETURNS !!
- Owner pays Body Corporate fees $3,984.00 approx per annum and Council Rates approx $2200 per Annum.
- Excellent for Super Fund asset.
- Perfectly priced for a quick sale Investors only.
What’s around Water Street
Contact the real estate agent
Tim Winborn-Sharp
Twomey Schriber Property Group
Send an enquiry
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