This two storey very solid block and tile “Freehold” property is situated in one of Cairns most popular inner-city suburbs. Zoned Res 3, there is a bountiful selection of mixed-use options available to the astute purchaser. With 2 street access and just 700 metres to Cairns Central shopping Centre, this is an opportunity not to be missed!The property combines a large 3/4-bedroom, one-bathroom townhouse with open plan kitchen /dining area at the rear and a further 2 commercial spaces with direct street frontage on the “Draper” street aspect .There is also off street car parking and a tandem single width garage accessible from "Minnie Street" and large courtyard accessible from "Draper Street". There are also 2 separate outdoor W/C's accessed from the courtyard. One of the commercial spaces is currently leased out (Holdover period), returning $805.56 (GST inclusive per cm) + 20 % of Local Council Rates.• Rates approximately $8,671.42 Per Annum• Insurance approximately $4,545.85 Per Annum KEY FEATURES• Potential income for 3 Tenancies on one Freehold Title• Sizeable Residential Residence / with possibility of passive income stream• Off-street carparking plus large courtyard• Two Street frontage
