Located in the exclusive “Red Peak Estate” in Caravonica, Cairns, this modern, good quality, executive home is a great investment for your future. Constructed in 2004 in solid rendered painted block with 2.7m ceilings,'Colorbond' roof and fully tiled floors, it is easy to maintain. With 243m2 of floor area it offers four large bedrooms (main with ensuite and walk in robe and two door mirrored robes to the other three bedrooms). Very spacious living is provided by the large open plan lounge, and diningroom plus a seperate family room and a big fully tiled L shaped patio. Fully air conditioned, fully security screened and fenced - everything is taken care of. DHA leasing for the next four years expires 20/6/2013 with 3 year option to renew. Rent currently $420 wk. Rent reviews annually and determined by registered valuers. DHA will repaint internally and externally at lease end and leave the property and all appliances in good working order. DHA will manage and maintain the property. All you need to do is set up the investment and watch the rent roll in. If you're looking for a safe and secure way to invest, you simply can't beat the security of a property like this. With no vacancy rate to factor in - your Bank Manager will love it!