Investment/Holiday Apartment Offering a 5.9% Net Yield!
This stylish, fully furnished, 2 bedroom, 2 bathroom dual-key apartment is located on the 10th floor of the modern Cairns City Apartment building and features city & mountain views from all rooms. Spacious in design and convenient in location, right in the heart of the Cairns CBD this apartment is a tremendous investment at this price.
The property is currently managed by the reputable Best Western Hotel chain (Cairns Central Plaza Hotel) with a rental guarantee of $2,384 per month, giving, approximately, a 5.9 % Net return. 1, 2 & 3 year lease rental guarantee is available from Best Western Management.
Net return approx 5.9 %
Secure 10th floor, dual key apartment
City & mountain views
1 car park on title
Modern complex, only 7 years old
Good quality kitchen plus kitchenette
Large master bedroom & lounge room
Superb balconies with amazing views
Split system Air-con or natural breeze
Tasteful colours and tones
Roof top pool & Spa in the building
City centre location
Please call Damian Gray on 0416 361 976 for more information or to arrange a private inspection.