Don't miss out on this fantastic opportunity to invest in one of Cairns most prestigious suburbs. Four two bedroom/one bathroom townhouses all with private courtyards and carports. Extremely well built, low maintenance, fully insulated and has block dividing wall to ensure soundproofing between townhouses. Four long term stable tenants with leases in place until March 2017. Current annual rental return of $47,320. Potential rental return of $55,600. The rear townhouse has the potential to be fenced enabling a large private back yard including shed. Ideal opportunity for the owner to live in the complex while earning an income. Act quickly this property will sell fast. * Individually metered elec and low water bills * Rates $7785 annually/No body corps/One Title * NBN is installed/Located on bus route * Handy to Pease Street Shopping center * Nearby to schools and sports facilities * Close to Edge Hill Shops and bowls club * The whole complex is extremely well maintained * Roof has recently been re screwed and painted * Full Dulux heat shield roof paint system applied * 870 sqm block
