2 FOR 1 INVESTMENT

25 Frankston Street, Kewarra Beach, 4879

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799,000 AUDEst. Mortgage: AUD 5,614/monthFor Sale
  • Ownership Type Unitblock
  • Property Area 800 sqft
  • Bedrooms 6
  • Bathrooms 4
  • Furnished No
  • Last Updated 16th Aug, 2022

Amenities

Feature that provides comfort, convenience, or pleasure
  • Carport: 4
  • Fully Fenced
  • Outdoor Entertaining Area
  • Air Conditioning
  • Built-in Wardrobes
  • Ensuite: 2
  • Living Areas: 2
  • Toilets: 4

Property Overview

Don't miss this exceptional opportunity to secure a well located investment, set on a generous 800m2 parcel of land and only minutes from beautiful Kewarra Beach foreshore. Whole unit blocks like this are extremely hard to come by and offer strong rental returns with no Body Corporate fees.<br/><br/>This lovely complex is set all on one level and consists of 2 spacious 3 bedroom, 2 bathroom Villas with undercover parking. This is a lifetime opportunity to create CASH FLOW and set yourself up for retirement.<br/><br/>Vacancy rates in Cairns are currently hovering around 1% so you can be confident of a secure investment with such high rental demand. Close to schools, local shops and parks this is an ideal location.<br/><br/>INVESTMENT DETAILS:<br/>Both built in 2004.<br/>25A (front) is currently rented at $380 per week until Nov 2022. Current market appraisal $480 per week.<br/>25B is currently $370 per week until March 2023. Current market appraisal $490 per week.<br/>Total current rent $750 per week. <br/>Current rental appraisal of approx. $970 per week.<br/><br/>You may never find an opportunity like this one again - Call today to arrange an inspection with 24 hrs minimum notice.

Location on Google Map

25 Frankston Street, Kewarra Beach, 4879

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