OWNER PAID $193,600 - SELL $59,600! GROSS RENTAL $10,000 APPROX. (2014 - 2015) - 2 x STUDIO UNITS - CHEAPEST IN CAIRNS!??
- 2 Beds
- 2 Baths
OWNERS KEEN TO SELL - MAKE AN OFFER! Attention Investors! Buy now at the bottom of the market and capitalise on the low entry price! These duplex-style freestanding studio units are on 1 title (60m2 total area) and gross return for 2014 - 2015 was $10,000 approx. The owner paid $193,600 and has priced the 2 units at $59,600 (for both!) for an immediate sale! ARGUABLY THE CHEAPEST UNITS IN CAIRNS - BE QUICK!
- Gross Rental (net of management fees): $10,000 (approx.)
- Body Corporate Fees: $6,049.16 per year
- Council Rates: $3,700 per year (approx.)
- Nestled on 2.2 acres of tropical gardens with a large resort-style pool
- Approx. 4 kilometres from city centre
- Currently managed by the onsite managers: Three Sistas Pty Ltd who are a social enterprise providing affordable transitional/crisis accommodation
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