Cairns City, Queensland

$630,000

Property Description

Modern Permanent

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.

Property Summary

Business Snapshot

Price: $630,000Net Profit: $85,000

Managers Unit

Value of Managers Apartment: $265,000Bedrooms: 2Car Spaces: 1Office: OtherPets OK: No
Spacious with air-conditioning

Complex Information

Total Letting Pool: 15Agreement Module: AccommodationAgreement Term: 25 years

Marketing Agent


Marketing Agency

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey
Calvin Bailey Management Rights

Phone

Listing Tools

Property Map

Map Location ( get directions )

Cairns City, Queensland 4870 Exact map location not provided

Similar Properties

ALBANY CREEK
Amazing Off The Plan Luxury Townhouse...

$699,000
Net Income: $169,861
Managers Estate: - - Bed - Bath
Letting Pool: 45
Remuneration: $81,400

Resort Brokers
GREAT LEASEHOLD MOTEL OPPORTUNITY, 31 ROOMS IN TOWNSVILLE. QLD
Exclusive

WULGURU
GREAT LEASEHOLD MOTEL OPPORTUNITY, 31 ROOMS...

$650,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers

YORKEYS KNOB
Business For Sale - Golf Resort - Cairns...

$640,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales

TRINITY BEACH
EASY ONE PERSON PERMANENT MANAGEMENT RIGHTS...

$635,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers

DOOLANDELLA
Business For Sale - First To Inspect...

Under Contract / Offer
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

MR Sales

TOOWOOMBA
Motel Leasehold One Hour From Brisbane

$530,000
Net Income: -
Managers Estate: - - Bed - Bath
Letting Pool: -
Remuneration:

A B Brokers