Family home - perfect investment opportunity

You’re welcome to inspect 15 Mallicoola Crescent, Edmonton.<br/><br/>Built in 2008 from a local building company this cosy home is situated in a tranquil street at the foot of the Lamb Range in Edmonton, south of Cairns.<br/>Lovely property sitting on a 490 m2 fenced block with a good size, low mainanace landscaped garden and enough room for a pool!<br/>Conveniently located within a short drive to Cairns CBD and also near to shops, schools and public transports this house is perfect for home buyers or investors.<br/><br/>Features include:<br/><br/>* Four bedrooms (Master bedroom with en-suit and walk in robe)<br/>* Two bathrooms (Main bathroom with bathtub)<br/>* Modern, open and spacious kitchen with plenty of bench and storage space<br/>* Large living/dining area<br/>* Outdoor entertaining area<br/>* Two cars garage with internal laundry<br/><br/>* Air-conditioned<br/>* Fully fenced<br/>* Low maintenance and well landscaped garden<br/>* Downlights throughout<br/><br/>For investors:<br/><br/>Price: $450,000<br/>Rental Appraised: $470 - $510 per week<br/>Rates: $3,100 approximately per year<br/><br/>Potential rental Yield: Approximately 5.3% net (Estimate only based on the highest rent return - current YIELD approximately 5.45% gross)<br/>Potential rental income: $26,520 gross (Estimate only based on the highest rent return)<br/><br/>A great investment with a good steady rental return and a long term tenant that would love to stay.<br/><br/>Call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.<br/>* Currently rented until August 2023 at $470 per week<br/>**Photos have been digitally cleaned and digital furniture applied to keep the tenant privacy