$81,120 Gross Income - no BC fees

This traditional Queenslander has been reconfigured into 4 x 2 bed and 1 bath units that provide a steady and substantial income for the owners. Located only minutes into town and the iconic Esplanade, this area is popular all the time and with vacancy rates below 1%, guarantees that income can be maximised.

Each unit features 2 bedrooms with new split system air conditioning, a full-sized kitchen, bathroom and sitting room. The ground floor units have their own patio, while the top floor units have a full-length veranda at the front of the house and a shared deck at the back.

With town and the major shopping centre only a few blocks away, there is scope to improve some aspects of the units and building to increase the value of the property.

The numbers that matter:
- BC fees NIL
- Current Rental Income $81,120pa
- Council rates approx. $5,400pa
- Building insurance approx. $2400pa

*Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.*

Explore the area

School catchments

Parramatta State School Primary Prep-6 Government 0.29km
Indie School, Logan - Parramatta Park Campus Secondary Independent 0.49km
The BUSY School Secondary 11-12 Independent 0.52km
St Joseph's School Primary Prep-6 Catholic 0.69km
FNQ Vocational Academy Secondary Government 0.74km
St Augustine's College Secondary 7-12 Catholic 0.81km
Trinity Bay State High School Secondary 7-12 Government 1.0km
Cairns State High School Secondary 7-12 Government 1.1km
Cairns School of Distance Education Combined Prep-12 Government 1.1km
Mastery Schools Australia - Cairns Campus Combined Independent 1.3km
Mungalla Silver Lining School - Carins Temporary Facility Secondary Independent 1.4km
St Monica's College Secondary 7-12 Catholic 1.4km
Cairns West State School Primary Prep-6 Government 2.0km
St Francis Xavier's School Primary Prep-6 Catholic 2.1km
Balaclava State School Primary Prep-6 Government 2.3km
Mother of Good Counsel School Primary Prep-6 Catholic 2.6km
Edge Hill State School Primary Prep-6 Government 2.8km
Mooroobool Silver Lining School Secondary Independent 3.3km
Our Lady Help of Christians School Primary Prep-6 Catholic 3.4km
Whitfield State School Primary Prep-6 Government 3.7km
Woree State School Primary Prep-6 Government 4.6km
Woree State High School Secondary 7-12 Government 4.6km
St Gerard Majella Primary School Primary Prep-6 Catholic 5.4km
St Mary's Catholic College Secondary 7-12 Catholic 5.7km
Trinity Anglican School Combined Prep-12 Independent 6.4km
Freshwater Christian College Combined Prep-12 Independent 6.5km

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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