Sold
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201/6 Lake Street, Cairns City

SOLD for $416,000

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Inner City Dual Key Apartment

Welcome to Apartment 201 at Park Regis - City Quays, where luxury meets convenience in the heart of Cairns! This stunning dual key apartment offers the ultimate central location, situated at 6 Lake Street, just a stone's throw away from all the action.

Imagine taking a leisurely stroll to the picturesque Esplanade, the vibrant lagoon, the exciting Casino, and the bustling Convention Centre - all within minutes from your doorstep. City Quays ensures a seamless experience with a 24/7 onsite holiday management service, making it perfect for both investment and personal use, owners can stay in their unit for 3 months a year.

Located on the 2nd floor, this spacious dual key apartment spans 108m2 and is fully furnished and self-contained. The 1-bedroom unit features a modern kitchen equipped with a dishwasher, convection microwave, air-fryer, 2-burner cooktop, and rangehood, alongside an open-plan living/dining area, a cozy bedroom, a well-appointed bathroom, laundry facilities, and a large patio. This unit is also is wheelchair friendly.

Adjacent to the 1-bedroom unit is a studio apartment, complete with a bedroom, kitchenette, bathroom, and patio. Both units are equipped with air-conditioning, fans, Wi-Fi, and cable TV, ensuring utmost comfort and convenience.

As a resident of Park Regis - City Quays, you'll have access to the rooftop terrace boasting a stunning swimming pool and BBQ area, perfect for relaxing and unwinding amidst breathtaking views. The complex also offers 2 elevators for easy access and secure undercover parking for your peace of mind (carpark is not allocated).

Figures:
Holiday let- not pooled income
$110,200 per annum gross income approx
25% return on investment gross approx
Body Corporate fees $12,200 per annum approx
Council rates $2,800 per annum approx

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.

Features

Balcony in-Ground Pool Secure Parking

Details

Address 201/6 Lake Street, Cairns City
Price SOLD for $416,000
Property Type Residential
Property ID 123
Category Unit
Floor Area 108 m2

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