Simply the Perfect Permanent
Luxury style permanent letting in prime position.
Exciting & contemporary Cairns gated community in Smithfield. Permanent let property with a total of 111 apts & villas, The property was completed and opened in 2006. A high percentage of rental units are furnished. Units are top quality with extensive facilities and on a large well positioned site in the sought after Northern Beaches of Cairns. Only 15 minutes to the Cairns CBD. Great manager’s three bedroom/two bathroom Villa with quality fittings, plus large office and double lock up garage. No set office hours. Good $163k incl. salary with CPI increases. Excellent opportunity to get into the industry in a top building with a well-established business. Mix of 6 month and 12 month leases. Cairns currently has one of the lowest vacancy rates in the country at less than 1% and rental rates are on the rise. Little impact by Covid has been noticeable with this property.
Call Alex today for more information on this great business opportunity.
Net Profit: $358,000 Remuneration / Body Corp Salary: $148,688Body corp salary review: CPI Annually
Managers UnitValue of Managers Apartment: $495,000Bedrooms: 3Bathrooms: 2Car Spaces: 2Office: On Title
Large 203m2 contemporary three bedroom two bathroom villa and attached office. Double lock up garage.
Complex InformationComplex Type: PermanentTotal Units in Complex: 111Total Units in Letting Pool: 95Permanent Units: 95Owner Occupy Units: 11Outside Agent Units: 4Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 20 years yearsPool: YesGym: YesTennis Court: YesBBQ Area: YesPay TV: YesWIFI: Yes