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
Body Corporate Fees approx $5200 pa
Council Rates approx $2400 pa
|R&H Suburb Summary||Houses|
|Number of sales||38|
|Median Rental Price||$373 p.w.|
|Change in Rental Rate (5yr)||10 %|
|R&H Suburb Summary||Units|
|Number of sales||88|
|Median Rental Price||$275 p.w.|
|Change in Rental Rate (5yr)||17 %|