What do you look for in the perfect little investment property? I think a good list to start with would include:

1. Highly sought after location
2. Low maintenance costs
3. Tenant in place paying a good rent with every intention of staying
4. Close to public facilities (schools, parks, transport, CBD)
5. Large block size

This property ticks each of the above boxes and then some. It is located in one of Cairns’ most sought after suburbs of Edge Hill walking distance to the Edge Hill Primary School and the local shopping hub all just 8 minutes from the Cairns CBD. It is a very solid brick home situated on a sizable 767m2 block with 4 bedrooms, 1 bathroom (including separate toilet) and modern kitchen. Additionally, the tenants have loved living there so much, they have just signed a lease for another 12 months at $340 per week.

Inspect immediately.