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Located in Cairns North on Digger Street is this three bedroom, two bathroom apartment. The complex is medium size with just 21 units. The location is close to the City Centre, Cairns Central, the Esplanade and Cairns Base Hospital.
The complex is called City Park Villas – this is a secure complex. It comes with security gates to the front as well as to the entry of each building. There is also a remote secure garage door to the basement carpark.
The apartment has one allocated parking bay, plus a storage cage – ideal for excess items! The apartment is located on the top floor and is light and bright. It is fully tiled through out – no carpets.
You walk into an open plan living, kitchen area that has a sliding door leading onto a balcony area. The kitchen has granite bench tops, a dishwasher and separate oven and cook top. Although not big – it has lots of bench space as well as cupboards.
The master bedroom is large in size, and has an ensuite as well as a built in robe in the bathroom area. The second bedrooms is also a good size, with a built in robe as well. The third bedroom is located off the living area and would be perfect for a home office, or guest room.
The apartment has ducted air conditioning through out as well as ceiling fans to keep you cool in the summer months. The hot water is gas heated via the common hot water system the body corporate have.
Currently tenanted with a long term tenant paying $350 per week. A potential increase in rental returns is possible due to the very low vacancy rates Cairns is currently experiencing. The apartment comes unfurnished with white goods only.
Being located within walking distance to the City Centre, this property does have the potential to be converted to Airbnb.
The body corporate currently has $48,000 in the sinking fund.
The levies are reasonable at –
Administration Fund $3188.19,
Sinking Fund - $972.95
Total Annual Levies $4161.14 – with the body corporate offering a 15% discount for payment prior to the due date.
This brings it down to $3536.96 per annum.
More details on the body corporate are available upon request.
The owner has priced the apartment to sell quickly. Call now to arrange a suitable time for inspection.
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