Cairns City, Queensland

$1,625,000

Property Description

Cairns CBD Location Strong Corporate Business | Resort Brokers ID : MR004888

Resort Brokers ID : MR004888

  • The apartments in the letting pool are operated under a pooled income system

  • A percentage of the total gross monthly income is paid into an advertising fund and a refurbishment fund

  • The Body Corporate salary is healthy at $83,190 pa.

  • The Cairns landscape is being transformed with major projects like the new Cairns Aquarium (near completion) and a multimillion dollar upgrade of the Cairns Performing Arts Centre. With real future economic opportunity other highlights including an upgrade of the Cairns Convention Centre and dredging of the Cairns Inlet

  • Spacious three bedroom manager’s apartment

NB: Property inspections are by appointment only

Date updated: 20 Sep 2017 23:00:12

Property Summary

Business Snapshot

Price: $1,625,000Net Profit: $300,000 Remuneration: $83,190

Managers Unit

Value of Managers Apartment: $350,000Bedrooms: 3

Complex Information

Total Letting Pool: 34Agreement Term: 25 years

Marketing Agent

  • Shane Mullins

  • 0447 185 001
  • 07 3878 3999
  • send email

Marketing Agency

Resort Brokers

Resort Brokers

Resort Brokers

Shane Mullins
Resort Brokers

Phone

Listing Tools

This listing last updated: 21st September 2017

Property Map

Map Location ( get directions )

Cairns City, Queensland 4870 Exact map location not provided

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