Ideal Investment returning $54,000 per annum - approximately 8.5% gross. The property is a highset building, has a brand new solar hot water system and the roof was renewed approximately two and a half years ago. The two flats upstairs have polished timber floors and front and back verandahs. The downstairs flats have tiled floors throughout. The property is in Parramatta Park, a popular suburb of Cairns - only minutes from the CBD.