Please enquire through realestate.com.au or Domain to receive an information pack.
Three Furnished Apartments on One Title. Triple Income with Low Outgoings.
Looking for a standout investment property? This unique offering features three separate,
fully furnished apartments all on a single title, delivering flexibility and excellent earning
potential. One apartment has been recently renovated, with brand new kitchen and
bathroom, new tiles and fresh paint throughout, adding even more appeal and value.
Property Features
- Three self-contained, furnished apartments (see below for details)
- Single set of Body Corporate fees, council rates, and water charges
- All apartments currently under long-term tenancy for reliable income
- Unallocated car spaces for residents at the rear of the building
- Swimming pool at the front of the building
- Freshly renovated apartment offering modern finishes and extra rental appeal
- Flexible investment: lease all, or keep one for your own use in the future
Prime Cairns City Location
Situated in the vibrant heart of Cairns, this property is just moments from schools,
restaurants, cafes, shopping precincts, and the famous tourist district. It’s perfectly
positioned to attract tenants.
- Walking distance to schools, hospital and Cairns Central Shopping Centre
- Close to Esplanade, Lagoon, Reef Fleet Terminal, and major tourist attractions
Unit 6A – Ground Floor Unit with Garden Oasis
Key Features:
- Ground floor studio apartment with semi-separated bedroom space.
- Open plan living and dining area.
- Shared undercover outdoor entertainment area, perfect for relaxing or entertaining.
- Beautifully maintained garden for a peaceful outlook
- Dedicated private laundry room adjoining the unit.
Unit 6B – Newly Renovated One Bedroom with Modern Touches
Key Features:
- One-bedroom apartment on the second floor
- Recently renovated with a sleek, modern aesthetic
- Open plan kitchen, living, and dining area
- Stylish wood-look benchtops and ample kitchen storage
- Generous kitchen counter space for cooking and entertaining
- Spacious bedroom with a large built-in wardrobe
- Private internal laundry for added convenience
- Spacious, updated bathroom with modern finishes
Unit 30 – Bright & Spacious Top-Floor Studio
Key Features:
- Spacious studio apartment on the top floor
- Kitchenette and bathroom
- Bright and airy with plenty of natural light
- Built-in wardrobes for ample storage
- Access to a shared laundry area
Why Invest Here?
- Low Maintenance: All apartments are fully furnished and well maintained
- Consistent Rental Demand: Popular with singles and couples
- Strong Returns: Three tenancies, one set of outgoings
- Future Growth: Cairns is a thriving city with growing demand for accommodation
Don’t miss out on this rare opportunity in sunny Far North Queensland! Submit an enquiry today to
arrange an inspection and see how this triple apartment investment can work for your
portfolio.
Rental Income:
U6A: $370 per week = $1603.33 per month (after multiplying by 52 and dividing by 12)
U6B: $400 per week = $1733.33 monthly
U30: $300 per week = $1300 monthly
Total: $1070 per week = $4636.66 per month = $55,640 *p/year
Outgoings:
Body Corp: $1145 per quarter = $4580 *p/year
Council Rates: $1754.14 bi-annually = $3508.28 *p/year
Water Rates: $48.67 bi-annually = $97.34 *p/year
Total: $8185.64 *p/year
DISCLAIMER
Please note that some images in this listing may edited for illustrative purposes.