Explore Property - Cairns
3 & 4/86-88 Woodward Street Edge Hill, QLD, 4870
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For Sale $1,200,000

1, 2 & 3/381 Draper Street, Parramatta Park QLD, 4870

First Class Cairns City Investment – 3 Huge Townhouses

Property Details

3 x 3 Bedroom townhouses on 809m2 with an inground pool.

Seeking investors looking for a solid long term investment in a cityside location or a family unit looking to own and live in the complex.

The Cairns marketplace is on the up and up, and the area is truly blessed with some of the most beautiful natural wonders of the world at our doorstep. The city is a tourist mecca with the luxury of an international Airport.

All 3 townhouses are in good condition, with No 3. just undergoing a full refurb. All 3 have large laundries and 2nd toilet.

Investment details:

Weekly rental appraisal $1500 ($500 per week each property) - $78,000 a year

Rates - $3,258.70 x 3 approx. $9776.10 in total per year

Water - $1000 a year approx. paid by landlord
Common area power & pool upkeep approx. $1200 a year

Building insurance – approx. $5000 a year with AAMI

The complex is strata titled allowing you flexibility with your investment if you ever wanted to sell them off individually. There is a body corporate in place but is currently inactive.

Contact Tarren on 0468 610 186 or email tolufson@exploreproperty.com.au for further details.

For Sale


Available Documents

Property Information

  • Open Car Spaces

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Tarren Olufson

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