9/44-50 Pease Street, Manoora, Queensland, 4870

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For sale

$169,000

THIS IS AN AMAZING PRICE!

INVESTORS – Your bank will love this one…

You will be surprised at the size and quality of this beautifully presented top floor apartment at “Retreat on Pease”.

Your views from the huge balcony which is really your second living area are of the stylish resort pool and up to the mountains, so your view will be different each day.

Spacious open plan living with cool ceramic tiles, fabulous kitchen with lots of cupboards, dishwasher and bench space flows out to the balcony.

Two large air-conditioned bedrooms each having their own modern bathroom and built-ins. The bedrooms are carpeted for your comfort in neutral tones.

The apartment also comes with an allocated under-cover car space and storage room.

Retreat on Pease is a secure gated complex with remote controlled access.

The current tenant is paying $320 per week. For the investor that is a gross return of approx 8%.

… and for the location, all just minutes from Cairns CBD.

Inspection by appointment

THE FACTS:

Body Corporate Fees approx $5200 pa

Council Rates approx $2400 pa

Property Info:

  • Property ID: L460684
  • Property Type: Apartment
  • Building / Floor Area: 12 sqm
  • Garages: 1

We Know Your Area

R&H Suburb Profile: Manoora

R&H Suburb Summary Houses
Number of sales 38
Average Price $318,303
Median Price $295,000
Median Rental Price $373 p.w.
Change in Rental Rate (5yr) 10 %
R&H Suburb Summary Units
Number of sales 88
Average Price $152,157
Median Price $158,000
Median Rental Price $275 p.w.
Change in Rental Rate (5yr) 17 %
Manoora, QLD - Median Trend
  • 9/44-50 Pease Street, Manoora,
    Queensland, 4870