Block of Units for sale

209 Lake Street,

Cairns North, QLD

14 9 2

The Castle, Iconic Building - Needs Manager

Forget Management Rights, buy this, earn more and own the whole thing. Currently returns up to $6,000 per week, managed by one person on-site.

Needing new management or a new strategy to take this to the next level, the property has a mix of recently refurbished self contained units and rooms with shared bathroom, kitchen and laundry facilities. Property has plenty of space for additional rooms as well as potential for much needed coffee shop and tour desk.

Investment possibilities abound for hands-on or reconfiguring to hands-off investment, call for the buyers prospectus and further information.

* self contained units
* 13 rooms with shared kitchen, bathroom and laundry
* Pool
* Large shed
Last updated: 06:07PM on Dec 11th 2017
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Cairns Property Office

66 Spence Street
Cairns QLD, 4870
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