Cairns City, Queensland

$750,000

Property Description

Excellent Permanent Letting Close to the CBD

Excellent permanent letting complex in Manoora, Cairns.

Close to Raintree Shopping Centre and all general facilities.

Ten minutes drive to Cairns CBD. Two and three bedroom apartments set within a secure gated community.

Well presented two bedroom two bathroom Managers Apartment.

Top Agreements with almost 20 years to run and excellent $66,000 excl. GST salary. This high demand rental property enjoys a top
occupancy which is assured to continue with Cairns vacancy rate currently less than 2%.

The consistent trading figures show no downturn over the Covid period.

Manager enjoys a good relationship with the Body Corporate committee.

Pets okay with B/corp approval.

Easy one person property management.

Contact Calvin for further information.

Property Summary

Business Snapshot

Price: $750,000 Net Profit: $109,537 Remuneration / Body Corp Salary: $65,975Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $255,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: On TitlePets OK: Yes

Complex Information

Complex Type: PermanentTotal Units in Complex: 34Total Units in Letting Pool: 20Permanent Units: 20Owner Occupy Units: 7Outside Agent Units: 6Manager Units: 1Agreement Module: AccommodationAgreement Term: 25 yearsAgreement Term Remaining: 19 yearsPool: YesBBQ Area: YesWIFI: Yes

Marketing Agent

Calvin Bailey

Marketing Agency

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey
Calvin Bailey Management Rights

Phone

Listing Tools

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Map Location ( get directions )

Cairns City, Queensland 4870 Exact map location not provided

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