CONTRACT CRASHED MUST BE SOLD!! This Residential block which is rated as Flats offers a great opportunity for a family to live separately or as a rental. There is also potential to improve the property for renovators and investors looking for medium to long term capital growth. Current returns of $28,600 pa with long term tenants in place who are happy to stay, the front house is rented at $300 pw and the rear house at $250 pw with potential increase from November to $270 pw. * Fenced, private yards with an easy walk to town * Front house: Rendered block, large, low set, character cottage featuring 3 bedrooms, 1 bathroom, small office, central living room and 3 sided sun room. Central rooms have very high ceilings. Very large kitchen with ample bench space. Side patio and laundry. Shady yard - This house is a Renovator's Delight! * Rear house - Block construction and neat as a pin - 2 bedrooms, 1 bathroom, 1 car carport with a lovely yard. Open plan living and kitchen. Room for more parking, a shed with excellent access to the yard. Situated close to all amenities including the Township of Gordonvale, the Mulgrave River and Goldsborough Valley with its swimming holes, waterfalls and bush walks this welcoming country community is only a 25 minutes' drive to the Cairns CBD.
