POSITION = PERFECT | INVESTOR ALERT

18/62 Abbott Street, Cairns City, 4870

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175,000 AUDEst. Mortgage: AUD 1,230/monthFor Sale
  • Ownership Type Unit
  • Property Area 0 sqft
  • Bedrooms 1
  • Bathrooms 1
  • Furnished No
  • Last Updated 4th Apr, 2021

Amenities

Feature that provides comfort, convenience, or pleasure
  • Balcony
  • Deck
  • Open Spaces: 1
  • Air Conditioning
  • Built-in Wardrobes
  • Ducted Cooling

Property Overview

Taking inspiration from Tuscany and design style from Florence, this boutique 1 bedroom apartment makes for a perfect 1st investment or better yet, a holiday retreat that wont break the bank.

Situated one street back from the Esplanade and smack dab in the middle of the CBD, we think you'll agree that perfectly positioned is a bit of an understatement.

- Spacious one bedroom apartment
- Car Park on title
- Fully furnished
- En-suite bathroom
- Well maintained kitchenette
- Immaculately maintained complex
- Sundeck with pool and bbq cabana
- Lift access
- Exceptional CBD location
- Strong holiday let history

Staying in Il Palazzo is like being instantly transported to the other side of the world. No small detail has been missed, the impeccably kept and styled communal areas ensure you can't help but forget that you are in fact conveniently located right in the middle of the Cairns CBD.

The well managed Holiday let pool has a multitude of repeat guests and corporate clients with occupancy rates consistently over 80% for the past 3 years, ensuring this brilliant little holiday home, will be putting money in your pocket for years to come.

The Bottom Line
Long term rental amount - $390 per week
Holiday let returns - available on request
Body Corporate - $6,600 per year
Council - $2,600 per year.

Location on Google Map

18/62 Abbott Street, Cairns City, 4870

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