Covering over 100 m2 in area, this spacious unit located within the City Waters complex is the perfect buy for an investor or owner occupier. With the following great features in place, put simply this is a must see for those wanting to do well in the rising Cairns real estate market; 1. Body corporate fees are $3,685 per annum, and there is over $174,000 in the sinking fund. Council rates are $2,358 per annum 2. The unit is managed by the on-site managers at City Waters, and tenants are currently in place till 5th August 2016 paying $300 per week 3. City Waters boasts three pools within the complex along with various B.B.Q./ gymnasium arrangement. Electronic gate access to the complex provides an excellent level of security 4. Located towards the rear of the complex and overlooking a creek, Unit 229 is considered one of the best positioned units within the City Waters. 5. The unit is air-conditioned throughout, with built-in robes to both bedrooms. Bedrooms are carpeted, with living, kitchen and patio areas tiled 6. As the complex was built in 2008 there is excellent depreciation that can be claimed on this investment 7. The large patio is 16m2 in area, and perfect for relaxing. or entertaining due to the private setting For Further information or to arrange an inspection contact agent today