This 11 bedroom and 4 bathroom commercially zoned property could be a potential business opportunity as well as a dream investment buy! Keep this 11 room sharhouse cash cow as is OR rent out as 3 x self contained flats.

Currently registered as 3x flats with the council and offering across both levels a mix of single and double rooms for residential purposes. The current owner has a minimum of a 3 month stay policy in place.

Smoke alarms and emergency exit signs installed in each flat as well as security screens on all accessible windows and doors. Great location just 5 minutes walk to Cairns Central Shopping Centre.

House consists of 3 council registered flats: 2 downstairs and 1 upstairs. Altogether 3 x kitchens and 4 x bathrooms as well as a huge paved back garden with undercover area.

Let the Numbers Speak For Themselves:
5 x Double Rooms rented $160-$180pw = $900pw
6 x Single Rooms rented up to $110pw = $660
current Gross Rental Return of approx $1,500pw

Situated in a prime central location and just a walk to Cairns Central & English Language College when an opportunity like this knows you need to answer! Call today for more information.