Cairns, Queensland

$845,000

Property Description

CAIRNS PERMANENT COMPLEX

This permanent letting complex offers 32 fully self-contained apartments, 1 spacious luxury two bedroom apartment, 10 two bedroom apartments and 21 one bedroom apartments spread over 2 levels, all with private patios or balconies. Located in a natural setting in the Cairns area.

This complex is ideally suitable for the extended family due to the spacious fully refurbished double story 5 bedroom, 3 bathroom manager's apartment. Manager's apartment has it's own private pool and big courtyard on exclusive use.


* Managers apartment (1 title) includes a spacious luxury approx 100 sqm. interconnecting two bedroom apartment. (this one is rented out and brings in an extra 16K per year which is not included in the P&L) So the managers double story apartment is in total 5 bedrooms, 3 bathrooms, 2 kitchens, 2 laundries, , 2 big lounge rooms.
* Apartment recently fully refurbished with complete new designer kitchen, bathrooms etc.
* Current valuation Apartment of 380K
* Big attached office on separate title with back office, toilet, laundry room.
* Manager has own private pool and spacious courtyard for exclusive use.
* The property runs with REI Master trust account letting system.

Property Summary

Business Snapshot

Price: $845,000 Net Profit: $135,000 Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $380,000Bedrooms: 5Bathrooms: 3Car Spaces: 2Office: On TitlePets OK: Yes
Managers apartment (1 title) includes a spacious luxury approx 100 sqm. interconnecting two bedroom apartment. (this one is rented out and brings in an extra 16K per year which is not included in the P&L) So the managers double story apartment is in total 5 bedrooms, 3 bathrooms, 2 kitchens, 2 laundries, , 2 big lounge rooms. * Apartment recently fully refurbished with complete new designer kitchen, bathrooms etc. * Current apartment en office valuation of 380K * Big attached office on separate title with back office, toilet, laundry room. * Manager has own private pool and spacious courtyard for exclusive use.

Complex Information

Complex Type: PermanentTotal Units in Complex: 32Total Units in Letting Pool: 30Permanent Units: 30Outside Agent Units: 2Agreement Term: 25 yearsAgreement Term Remaining: 23 yearsPool: Yes

Marketing Agent


Marketing Agency

Resort Sales

Resort Sales

Resort Sales

Nicky Van der Heijden
Resort Sales

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Map Location ( get directions )

Cairns, Queensland 4870 Exact map location not provided

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