Welcome to unit 18 at the Cairns Gateway Lodge. This quaint, one bedroom apartment within the secure gated complex in Edmonton offers an excellent addition to any portfolio. With a steady income currently $245 per week until the end of October then it can be increased to a forecasted $300 per week. This is your next low-maintenance "set and forget" investment.
Features Include:
• Top-Floor Unit: with a balcony and only one side neighbor.
• Open Plan Living: Functional layout with distinct living, bedroom, and bathroom spaces.
• Resort-Like Facilities: Enjoy access to an in-ground pool and communal laundry.
• Current Lease Until October 2024: Rented at $245 per week, providing consistent income.
Location Highlights:
• Convenience: Walking distance to IGA Piccone's Shopping Centre, local shops, pubs, hotels, and medical facilities.
• Tropical Lifestyle: Relax in the peaceful, residential-only complex with a resort-style atmosphere.
Financial Information:
• Low Body Corporate Fees: approx $4,147 per year.
• Council Rates: Approx. $3,000 annually.
This well-priced investment property, offering both security and solid returns, is unlikely to stay on the market for long. Don't miss out on this opportunity!
