Investors gather 'round because this rare Queenslander is your golden opportunity to let the money roll in! Nestled in the heart of Cairns, just one street back from the Esplanade and a short stroll from the hospital precinct, this gem is not only in a prime location but also offers serious earning potential.
With 11 bedrooms across two levels, this property has "cash flow machine" written all over it (STCA)
Downstairs:
- 6 Bedrooms
- 1 Bathroom
- Kitchen
- Laundry
- Open-plan living/dining
Upstairs:
- 5 Bedrooms
- 1 Bathroom
- Kitchen
- Front deck
Secure parking behind a large sliding gate, with space for 2 vehicles, or a small fleet of scooters for your eco-friendly tenants.
With 11 rentable rooms (STCA) in one of Cairns' most sought-after spots, you're looking at a potential rental income of over $2,000 per week. That's right this property has all the makings to deliver some juicy returns straight to your pocket.
This property does need a bit of work, but whether you're an investor ready to milk the potential (pun intended) or looking to live in one section and let your tenants pay the mortgage, this property is one that simply doesn't come up every day.
Contact Bruce Holmes @Holmes Realty 0402 348 695 or Adam Saitta at Benchmark 0478 901 516