Ideally positioned less than 5km from Cairns CBD, this is the perfect investment opportunity to add to your property portfolio with potential returns of over $63,000 per year! or 8.2% ROI Always occupied and attractive to tenants the complex is in a super convenient location with a bus stop right out the front, walking distance to schools, local shops, medical and shopping centres etc The land facts: -Single title on Freehold -Land use: Multi Unit dwelling (Flats) -Zoned: Residential 3 -800sqm block The dwelling facts: -2 x 2 bedroom, 1 bathroom townhouses -1 x 1 bedroom, 1 bathroom townhouse -Freestanding 3 bedroom, 1 bathroom low set villa -4 x Carports The Figures: Unit 1- Currently renting at $310/wk (New rental appraisal $360/wk) Unit 2- Currently renting at $260/wk (New rental appraisal $300/wk) Unit 3- Currently renting at $240/wk (New rental appraisal $270/wk) Unit 4- Currently renting at $250/wk (New rental appraisal $300/wk) Total annual income $55,120/pa (Achievable annual income $63,960) A very tidy and well maintained complex offering some of the strongest returns in residential real estate. Run the gauntlet with a shaky share market or Invest smartly in bricks and mortar. For more information of to express your interest please enquire today.