12/247 Sheridan Street, Cairns North, Qld 4870

A$ 120,000

Condo, Cairns, Queensland

1 bed · 1 bath · 65 m²

City investment an easy option, a pleasant walk to the esplanade and lifestyle activities. An opportunity to purchase this investment, 1 bedroom/1 bathroom unit with undercover carport. 1st-floor location, a single level open plan layout with balcony and communal laundry. Rental return of $225 per week, ROI 9.8% approx. Desirable location only 5 minutes to the CBD & 7 minutes to the airport. Periodic Tenancy Agreement $225 per week Number of units 14 Body Corporate Fees $3,700 approx pa to July 2020, $2920 approx pa thereafter projected Council Rates $2,500 approx pa

Listed by REA Group