Block of Units for sale

Block of Units in Cairns City, QLD

10 5 5
$1,200,000

EXCELLENT INVESTMENT OPPORTUNITY

TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE 'EMAIL AGENT' BUTTON ABOVE


A portfolio of five quality 2 bedroom units as described in (A) and (B)

presents an attractive investment opportunity with excellent returns,

currently $1,375.00 per week or $71,500.00 per year.

Consideration will be given to selling separately.

A) Four Unit Block

Two detached two bedroom duplexes on one 1012 sq m title.

These four units are in a sought after area and have been consistently,

fully occupied.

Features include:

* A private entrance.

* Fully air conditioned with split systems, the majority of which are still

under warranty.

* Spacious bedrooms.

* Open plan living.

* Built in cupboards.

* Shower/toilet.

* Internal laundries, individual external and internal wash lines.

* Fenced back yards.

* Concrete drive way.

* Lock up garage with roller door, as well as some off street parking.

* The rear unit is the largest and has double access via a rear lane, with a

sizeable back verandah and private garden and is fully fenced.

   Ideal for the investor to live in and manage the complex.

* Attractive landscaped gardens are easy care.

* Located in a peaceful and quiet area only one block from the town centre,

and within walking distance to schools and beautiful parkland.

* The complex is very well maintained and had an external paint in 2014.

NO BODY CORPORATE.

B) Separate 2 bedroom duplex Unit

Quality, fully detached 2 bedroom duplex, in a sought after area.

No body corporate fees.

Situated at the rear of the block for privacy, this detached villa features:

* 2 large bedrooms with built in robes.

* Gyp rocked walls.

* Large bathroom with bath and shower.

* Separate toilet.

* Open plan living area.

* Fully fitted with split system air conditioners, under warranty.

* Lock up garage with roller door.

* Internal laundry with external wash line.

* Private fenced garden.

* Concrete drive with off street parking.

* Fenced area to store a boat/trailer.

* Well maintained in excellent condition .

* Close to large shopping village and park area.

                                     ********************************

With NO body corporate fees and a very attractive return of approx 6% pa on an investment of $1.2M this opportunity provides an excellent income, with a future capital gain in popular growth areas.

For further information please contact the private sellers.


TO ENQUIRE ON THIS PROPERTY, PLEASE CLICK ON THE 'EMAIL AGENT' BUTTON ABOVE


Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements that may occur. Prospective purchasers or tenants should make their own enquiries to verify the information contained herein.
Last updated: 11:01AM on Jun 30th 2017
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