A rare chance to secure the ultimate income-producing property just minutes from the CBD, transport and shopping. This solid double triplex offers 6 fully renovated units on one freehold title with no Body Corp fees and immediate strong rental returns.
Features:
- 12 bedrooms | 6 bathrooms | 6 carports
- Gross rental income: $139,880 p.a. ($2,690 per week)
- Elevated 1,481sqm block - high and dry - flood zone free
- All units fully renovated with split system A/C & tiled floors
- Each with private access and individually fenced gardens and courtyards
- New roofs, gutters, fences, driveways, electrics & waterlines
- 6 separate power meters & 6 water meters (tenants pay water)
- Concrete block construction - robust, low maintenance
- Depreciation schedule in place for investors
- Future potential to strata title
This is a true set-and-forget investment with strong rental demand and rock-solid income. With everything upgraded and compliance taken care of, the hard work has been done - all you need to do is collect the rent.
Opportunities like this are extremely rare in the Cairns market. Whether you're a savvy portfolio builder or seeking a high-yield, low-risk investment, this one ticks every box.
High yield. Prime location. Rare opportunity. Enquire Today!
For more information, Sellers Disclosure Statement, access to all unit photos or an Offer Form please promptly email Karl Latham or call 0403 887 645 to avoid missing out.
All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.
