318/38-40 Abbott Street, CAIRNS CITY QLD

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318/38-40 Abbott Street, CAIRNS CITY

SOLD

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IN THE HEART OF THE ACTION AND 10% RETURN FORECAST.

Positioned in the Mantra on the Esplanade the location of this unit does not get any better. Walk out the door, down the lift and you have your choice of over 100 Bars, Restaurants and Cafes.

With a fully equipped gymnasium and resort pool you have literally everything at your fingertips.

Currently rented to a permanent tenant at $395 per week, but you could live in it, you could also put it in the holiday pool with the on-site management group. A similar apartment managed on-site brought in $56000 gross in the last 12 months and netted approximately $23000 after fees rates and body corp. You can't get that at the bank. Where is your super fund money sitting?

At 59sqm this unit has a full sized kitchen, large master bedroom, good sized lounge and dining which flow out to the comfortable balcony.

This is a great little investment unit.

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  • Property ID 907HSS

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