Dual Occupancy Major Investment Potential with Double the Return

Unique in the market, and on the city fringe; this exceptional property allows an exciting opportunity for those looking to procure a property purely as an investment, or to live in + invest by renting out the other half. Providing a council-approved dual occupancy configuration, this seven-bedroom, two storey residence rests on a 415sqm block. With two separate external staircases to access the top level, both upstairs & downstairs residences are private & secure.

On the Ground Level:
- 4 bedrooms with built-in robes & split system airconditioning
- Main bedroom with ensuite & study nook
- Contemporary U-shaped kitchen with plenty of storage & quality appliances
- Main bathroom with double-sized shower & separate toilet & vanity space
- Tiled throughout
- Split air conditioner to the living area
- Private, fully fenced courtyard with tropical landscaped gardens
- Currently tenanted until 19th July, 2021 @ $390 per week

On the First Level:
- Beautiful polished timber floors, high ceilings & front sunroom or separate dining area
- 3 generously-sized bedrooms with built-in robes & airconditioning
- Main bedroom with ensuite bathroom
- Open plan living space with central, modern kitchen
- Cool & breezy living area with split-system airconditioning
- Private deck, perfect for entertaining & summer BBQs
- Currently tenanted periodically @ $400 per week

Total council rates approx: $3,200 per year
Total rental potential in the current market: $820 per week

A fully fenced block, with secure undercover parking for 2 vehicles and further parking for another 2. Only 4 minutes to Cairns Central Shopping Centre, and within Cairns State High School catchment.

Size

Land Area
415 m2

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