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Your Partner in Success
Investor confidence in North Queensland is High.
Investor confidence in North Queensland is High.
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More Resort for your Dollar
Top Permanent - A Rare Find
Property ID: 

C0331

Location: 
Smithfield
Asking Price: 
$2,200,000
Letting Type: 
Permanent
Building Type: 
Apartments
Net Profit: 
$358,000

Exciting & contemporary Cairns gated community in Smithfield. Permanent let property with a total of 111 apartments & villas, The property was completed and opened in 2006.  A high percentage of rental units are furnished. Units are top quality with extensive facilities and on a large well positioned site in the sought after Northern Beaches of Cairns. Only 15 minutes to the Cairns CBD. Great manager’s three bedroom/two bathroom Villa with quality fittings, plus large office. No set office hours. Good $170k incl. salary with CPI increases. Excellent opportunity to get into the industry in a top building with a well-established business. Mix of 6 month and 12 month leases. Cairns currently has one of the lowest vacancy rates in the country at less than 1% and rental rates are on the rise. No requirement for Manager to reside onsite. Little impact by Covid has been noticeable with this property.

Contact Alex for further details and property inspection.