Cairns City, Queensland

$695,000

Property Description

Price Reduction - Absolute Cairns CBD Permanent

Permanent let multilevel property within walking distance of all central facilities.
This is a very easy business to run and with minimal caretaking: less than 15 hours per week.

Ideal for semi-retired persons or as an add-on to your existing business.

It really is the perfect recession and inflation proof business.
All rental apartments are furnished and the astute manager will convert these to short term corporate stays to effectively grow the business.

Fantastic managers apartment on level one.
Call Calvin or Alex today for more information.

Property Summary

Business Snapshot

Price: $695,000 Net Profit: $88,852 Remuneration / Body Corp Salary: $69,760Body corp salary review: CPI Annually

Managers Unit

Value of Managers Apartment: $380,000Bedrooms: 2Bathrooms: 2Car Spaces: 1Office: OtherPets OK: Yes
Spacious apartment with huge balcony area.

Complex Information

Complex Type: PermanentTotal Units in Complex: 27Total Units in Letting Pool: 12Permanent Units: 12Owner Occupy Units: 14Manager Units: 1Pool: YesBBQ Area: Yes

Marketing Agent

Calvin Bailey

Marketing Agency

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Calvin Bailey Management Rights

Alex Barker-Ré
Calvin Bailey Management Rights

Phone

Listing Tools

Property Map

Map Location ( get directions )

Cairns City, Queensland 4870 Exact map location not provided

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Calvin Bailey Management Rights