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85/9-11 Water Street, Cairns City

SOLD for $359,100

2 2

Excellent Duel Key City Investment !!

This stunning first floor dual key “Superior” apartment is located within the much sought after "Southern Cross" development in the heart of Cairns City. The development is immaculate and very well run by the onsite managers and this is a golden opportunity to purchase an outstanding investment with approx. 13% Nett returns. Ideal to use as your super holiday home in tropical Cairns with excellent onsite facilities including three stunning pools, café and air conditioned Gym. The location is exceptional being within a short stroll of Cairns Central shopping centre, fine restaurants and cafes and the stunning Esplanade, award winning lagoon and Reef Terminal.

The apartment offers:

- Two immaculate self contained apartments with enclosed private patios.
- Two, one bedroom “Superior” configuration.
- Fully furnished with quality furniture and white goods.
- Light and breezy living spaces.
- Modern fitted kitchens with appliances.
- Spacious modern bathrooms.
- Quiet position within the development.
- Dual key configuration, two apartments on one title.
- Fabulous investment to use for your holiday in Cairns
- Excellent income history with solid returns to the owner.
- Fully air-conditioned and ceiling fans.
- Guest parking areas spaces.
- 1st July 2022 to 30th June 2023 (last financial year) owners income $53,870.67 AFTER management fees.
- NETT RETURN APPROX 13% !!
- Body Corporate fees $5,510.20 approx per annum paid by owner.
- Council rates $2,700 per annum paid by owner.
- Perfectly priced for a quick sale – INVESTORS ONLY

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Details

Address 85/9-11 Water Street, Cairns City
Price SOLD for $359,100
Property Type Residential
Property ID 120
Category Unit
Floor Area 82 m2

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Tim Winborn-Sharp

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