Modern Permanent Complex
Property ID: 

C0226

Location: 
Cairns
Asking Price: 
$630,000
Letting Type: 
Permanent
Building Type: 
Two Level Walk Up
Net Profit: 
$85,000

Excellent modern permanent letting complex close to the Cairn 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.