Sold for $114,000
Sold for $114,0001, 326 McLeod Street, Cairns North QLD 4870
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Property was sold on 14 December 2020.
Sold on 14 December 2020.
1 bed
1 bath
1 car
Apartment / Unit
39m²
1
1
1
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Apartment / Unit
39m²
A solid investment to add to your investment portfolio. 1 bedroom, 1 bathroom end unit with undercover carport surrounded by lush green gardens. An easy ground floor location and streamline open plan design with contemporary feel. Attractive rental return of $200 per week, ROI 8.3% approx. A lifestyle location only minutes to the Esplanade, with close proximity to cafes, restaurants, services, schools and public transport. Only 8 minutes to the CBD & 5 minutes to the airport. Fixed Tenancy Agreement to 28.1.2021 at $200 per week. Was previously rented for $260pw, rent reduced during Covid and for inconvenience of property being For Sale. Can eventually increase rent to $260 per week, ROI 11.7%. Number of units 12 Body Corporate Fees $2,500 aprox pa Council Rates $2,500 aprox pa