Low Maintenance, Strong Returns!

Proudly offered to the market by 'The Ray Murphy Team', this ground floor apartment is positioned within a well-established complex of just 13 residences and presents a high-yield, set-and-forget investment with a secure lease already in place. With low body corporate fees and immediate rental income from day one, this property will appeal to investors seeking a low-maintenance addition to their portfolio.

The apartment offers a practical, easy-care layout featuring an open plan kitchen and living area, two bedrooms, and a functional bathroom incorporating a combined laundry and separate toilet. A single undercover carport provides secure off-street parking, while access to the complex swimming pool enhances ongoing tenant appeal.

Investment Highlights:
• Ground floor, fully furnished apartment
• Open plan kitchen and living area
• Two bedrooms
• Bathroom with combined laundry and separate toilet
• Single undercover carport
• Complex swimming pool
• Strong rental return - ideal for yield-focused investors
• Small complex of 13 residences

The Figures:
• Low Body Corporate Fees: $5,460.00 approx. p/a
• Council Rates: $3,200.00 approx. p/a
• Rental Income: Currently achieving $600.00 per week

Situated in the highly convenient suburb of Bungalow, the property is within easy reach of local shops, cafes, public transport, Cairns Central Shopping Centre, the Esplanade and the CBD. With a quality tenant already in place, this is a straightforward, hands-off investment in a consistently high-demand location.

Contact 'The Ray Murphy Team' today to register your interest!

Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Inspections

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School catchments

St Joseph's School Primary Prep-6 Catholic 1.1km
St Augustine's College Secondary 7-12 Catholic 1.1km
Parramatta State School Primary Prep-6 Government 1.2km
Indie School, Logan - Parramatta Park Campus Secondary Independent 1.2km
The BUSY School Secondary 11-12 Independent 1.8km
Mastery Schools Australia - Cairns Campus Combined Independent 1.8km
FNQ Vocational Academy Secondary Government 1.9km
Trinity Bay State High School Secondary 7-12 Government 1.9km
Cairns School of Distance Education Combined Prep-12 Government 1.9km
Mungalla Silver Lining School - Carins Temporary Facility Secondary Independent 2.0km
Balaclava State School Primary Prep-6 Government 2.0km
Cairns State High School Secondary 7-12 Government 2.2km
St Monica's College Secondary 7-12 Catholic 2.3km
Cairns West State School Primary Prep-6 Government 2.6km
St Francis Xavier's School Primary Prep-6 Catholic 2.7km
Our Lady Help of Christians School Primary Prep-6 Catholic 3.0km
Mooroobool Silver Lining School Secondary Independent 3.6km
Woree State School Primary Prep-6 Government 3.6km
Woree State High School Secondary 7-12 Government 3.6km
Mother of Good Counsel School Primary Prep-6 Catholic 4.0km
Edge Hill State School Primary Prep-6 Government 4.1km
St Gerard Majella Primary School Primary Prep-6 Catholic 4.4km
St Mary's Catholic College Secondary 7-12 Catholic 4.6km
Whitfield State School Primary Prep-6 Government 4.6km
Trinity Anglican School Combined Prep-12 Independent 5.2km
White Rock State School Primary Prep-6 Government 6.1km
Freshwater Christian College Combined Prep-12 Independent 7.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

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