Excellent modern permanent letting complex close to the Cairns CBD, consisting of 38 apartments in three contemporary style buildings. All 2 or 3 bedroom with 2/3 bathrooms. Two km to the Cairns Esplanade and 5 minutes to Cairns Central shopping Plaza. What a great business - and a top salary of $70,700 incl GST. This cannot be beaten for both an inflation and recession proof business. Cairns currently has one of the lowest vacancy rates in the country at 2% and rental rates are on the rise. Great starter property. Contact Calvin for full property details and inspection arrangements.
Business SnapshotPrice: $630,000Net Profit: $85,000
Managers UnitValue of Managers Apartment: $265,000Bedrooms: 2Car Spaces: 1Office: OtherPets OK: No
Spacious with air-conditioning
Complex InformationTotal Letting Pool: 15Agreement Module: AccommodationAgreement Term: 25 years