NEW STREET RECORD! - SOLD by Australia's Number 1 Awarded Agent! - Call Brad Scott 0408 338 605 for similar results To watch a Video specifically on this property, simply click below or otherwise copy and paste the below link into a web browser: https://youtu.be/8rgxdaAW3p0 To take an ONLINE 3D Tour walk through of this property using, simply click below or otherwise copy and paste the below link into a web browser: https://my.matterport.com/show/?m=oY2vc8wSgPZ Welcome to 24 Tiffany Street, WHITE ROCK QLD 4868. Units 1, 2, 3 & 4 on one title. Cairn's best-kept secret and only 3km to the Cairns CBD. Block of four x 2 bedroom Units on 1000m2 of land. All Units have current leases in place. Currently returning a total of $1,140 per week currently with the potential to increase this to $1,200 per week on renewal of 2 of the units. Situated just off the Bruce Highway, the units are in good condition. Vinyl floors in living areas with bedrooms carpeted. With the Cairns rental market ever tightening this property provides a great opportunity to invest in. CURRENT LEASES IN PLACE: Unit 1: Current Lease in place from 25/11/2022 to 24/11/2023 at $270 per week (tenant been there for a few years) Unit 2: Current Lease in place from 16/11/2022 to 15/05/2023 at $300 per week (New tenant just moved in recently) Unit 3: Current Lease in place from 04/11/2022 to 03/05/2023 at $300 per week (New tenant just moved in recently) Unit 4: Current Lease in place from 05/11/2022 to 04/11/2023 at $270 per week (tenant been there for a few years) TOTAL CURRENT RENT: $1,140 per week PROPERTY INFORMATION Cairns Regional Council Rates: $10,668* p.a. approx Cairns Regional Water Rates: $526* p.a. approx Estimated Permanent Rent per unit: $300* to $330* per week rent Total Landlord Insurance for 4 Units = $706* p.a. approx total (4 Units) - Suncorp Total Strata Insurance for 4 Units = 1,347* p.a. approx total (4 Units) - Suncorp Body Corp: N/A - You own all 4. Strata Insurance works out to be approx $6.50 per week, per unit, or $26 a week for all 4 units combined. Built: 1989* * denotes approximations and/or measurements A rare opportunity to purchase in an unbeatable tranquil location. Only 3km from the CBD and all amenities (shopping centers, schools, etc.) are within easy reach. Contact your local Cairns Area specialists Brad Scott on 0408 338 605 or Wayne Haase on 0498 098 426 for further information, otherwise we look forward to seeing you at one of our scheduled open homes. Disclaimer: We have in preparing this information used our best endeavours to ensure that the information contained herein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own inquiries to verify the information contained herein. COVID-19 Update - Please do not attend any inspections if have returned from overseas in the past 14 days, are unwell, elderly, or have a compromised immune system. - Please practice social distancing at all inspections to help minimize the spread of COVID-19. - If you are unable to physically attend an inspection please contact us for other options – Or alternatively please click on the 3D Tour to have a virtual inspection online.