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18/35-37 Louie Piccone Way,
Edmonton 4869, Queensland

1 bedroom
1 bathroom
1 car space
41m² land size
41m² building size
Unit

$135,000


Property details

Secure Your Slice of Tropical Paradise - Affordable Studio with Guaranteed Income!

Welcome to unit 18 at the Cairns Gateway Lodge. This quaint, one bedroom apartment within the secure gated complex in Edmonton offers an excellent addition to any portfolio. With a steady income currently $245 per week until the end of October then it can be increased to a forecasted $300 per week. This is your next low-maintenance "set and forget" investment.

Features Include:

• Top-Floor Unit: with a balcony and only one side neighbor.
• Open Plan Living: Functional layout with distinct living, bedroom, and bathroom spaces.
• Resort-Like Facilities: Enjoy access to an in-ground pool and communal laundry.
• Current Lease Until October 2024: Rented at $245 per week, providing consistent income.

Location Highlights:

• Convenience: Walking distance to IGA Piccone's Shopping Centre, local shops, pubs, hotels, and medical facilities.
• Tropical Lifestyle: Relax in the peaceful, residential-only complex with a resort-style atmosphere.

Financial Information:

• Low Body Corporate Fees: approx $4,147 per year.
• Council Rates: Approx. $3,000 annually.

This well-priced investment property, offering both security and solid returns, is unlikely to stay on the market for long. Don't miss out on this opportunity!

Explore the area


School catchments

  • Hambledon State School Primary Prep-6 Government 1.4km
  • MacKillop Catholic College, Mount Peter Combined Prep-12 Catholic 1.5km
  • Bentley Park College Combined Prep-12 Government 2.1km
  • St Therese's School Primary Prep-6 Catholic 2.9km
  • Isabella State School Primary Prep-6 Government 2.9km

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.


Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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