2 Bedrooms beach beauty - Great investment opportunity

9-11 Amphora Street, Palm Cove, 4879

Ads By Google

290,000 AUDEst. Mortgage: AUD 2,038/monthFor Sale
  • Ownership Type Apartment
  • Property Area 80 sqft
  • Bedrooms 2
  • Bathrooms 1
  • Furnished No
  • Last Updated 17th Dec, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 1
  • Courtyard
  • Fully Fenced
  • Secure Parking
  • Swimming Pool - Inground
  • Air Conditioning
  • Broadband Internet Available

Property Overview

You’re welcome to inspect this great two bedrooms fully furnished apartment in Amphora Street, Palm Cove.<br/><br/>With three recently renovated units for sale you can choose to buy one (for offers over $290,000) or secure all three of them (Price to be negotiated)! This is a unique opportunity to purchase a low maintenance money maker investment property.<br/><br/>All located on the ground floor just a short walk to the World-famous Palm Cove Beach and less than 20 minutes’ drive from Cairns International Airport.<br/><br/>With light neutral colours and plenty of natural light each unit is complimented by the position and property features. Glass louvres freshly painted white walls, privacy screens, new modern kitchen & bathroom, lovely finishing and your own private courtyard area. The bedroom has a privacy screen outside so you can leave the curtains and windows open for cooling breezes and the renovated bathroom has a modern and stylish look.<br/><br/>With only 12 apartments in the complex and a large pool with feature wall and shower this home has the lot, just a short stroll to Palm Cove Beach and restaurants.<br/>A lovely lifestyle awaits!<br/><br/>Features include:<br/><br/>* Two bedrooms<br/>* One neat and tidy bathroom<br/><br/>* Modern Kitchen with plenty of cupboard space and breakfast bar<br/>* Fully airconditioned<br/>* Private Backyard<br/><br/>* One secure allocated car parking space<br/>* Shared pool<br/>* Short walk from the beach<br/><br/>* 20 minutes’ drive from Cairns International Airport<br/>* Low maintenance<br/>* Low body corporate<br/>* Fully furnished<br/><br/><br/>For investors:<br/><br/>Price: $240,000 (Each unit)<br/>Rental appraised long term: $380 - $450 per week<br/>Rental appraised holiday letting: $185 - $240 per night depending on the season<br/><br/>Rates: $2,600 approximately per year<br/>Body Corporate approximately : $4,461.49 per year 10% discount for prompt payment ($4,015.34)<br/><br/><br/>Potential rental Yield long term rental: Approximately 5% - 6%<br/>each unit (Estimate only based on the highest rent return).<br/>Potential rental Yield holiday letting: Approximately 15% - 17%<br/>each unit (Estimate only based on the highest rent return)<br/><br/>Potential long term rental income: $18,200 (Estimate only based on the highest rent return)<br/>Potential holiday letting income: $ 56,100 (Estimate only based on the highest rent return and 70% occupancy)<br/>Call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.

Location on Google Map

9-11 Amphora Street, Palm Cove, 4879

Ads By Google

Similar properties in this area

Prime Development Site
Prime Development Site AUD 950,000 . Studio . Shared Bath
UNDER CONTRACT
UNDER CONTRACT For Rent . Contact for Price . 2 Beds . 1 Baths
City Centre Lifestyle at it's Best
City Centre Lifestyle at it's Best AUD 305,000 . 2 Beds . 2 Baths
SMART CITY LIVING
SMART CITY LIVING AUD 349,000 . 2 Beds . 2 Baths
BRING THE FUN!
BRING THE FUN! AUD 475,000 . 2 Beds . 2 Baths
CBD Living
CBD Living AUD 325,000 . 2 Beds . 1 Baths
Stop Dreaming - You Can Own it!
Stop Dreaming - You Can Own it! For Rent . Contact for Price . 1 Beds . 1 Baths
Live where the ACTION is!
Live where the ACTION is! AUD 550,000 . 3 Beds . 2 Baths
BRIGHT ONE BEDROOM IN HEART OF CBD
BRIGHT ONE BEDROOM IN HEART OF CBD AUD 290,000 . 1 Beds . 1 Baths
Picture This: Spacious. Convenient. Affordable City Living.
Picture This: Spacious. Convenient. Affordable City Living. For Rent . Contact for Price . 2 Beds . 2 Baths
Modern Apartment On The Fringe Of CBD
Modern Apartment On The Fringe Of CBD AUD 449,000 . 3 Beds . 2 Baths
Like New - 12th floor with epic city views!
Like New - 12th floor with epic city views! AUD 440,000 . 2 Beds . 2 Baths
Classy Skyhome in Iconic Building
Classy Skyhome in Iconic Building AUD 700,000 . 3 Beds . 2 Baths
'Home' in the Heart of the CBD
'Home' in the Heart of the CBD AUD 240,000 . 1 Beds . 1 Baths
LIVING LARGE IN THE CITY
LIVING LARGE IN THE CITY AUD 499,000 . 3 Beds . 2 Baths
Invest Savvy!
Invest Savvy! AUD 250,000 . 1 Beds . 1 Baths
3 Bedroom Apartment Great Water Views!
3 Bedroom Apartment Great Water Views! AUD 559,000 . 3 Beds . 2 Baths
Be in the heart of the city
Be in the heart of the city For Rent . Contact for Price . 1 Beds . 1 Baths
VERSATILE PROPERTY. TOP RETURNS.
VERSATILE PROPERTY. TOP RETURNS. AUD 469,000 . 3 Beds . 2 Baths
Sunset Views Over The City
Sunset Views Over The City AUD 190,000 . 1 Beds . 1 Baths
Ultimate City Fringe Living
Ultimate City Fringe Living For Rent . Contact for Price . 2 Beds . 2 Baths
Enjoy everything the city has to offer with this modern unit!
Enjoy everything the city has to offer with this modern unit! AUD 450,000 . 2 Beds . 2 Baths
City Lifestyle or Great Investment
City Lifestyle or Great Investment AUD 349,000 . 2 Beds . 2 Baths
Entertainer’s Paradise!
Entertainer’s Paradise! AUD 410,000 . 3 Beds . 2 Baths