8/267-269 Sheridan Street, Cairns North

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This second floor 2-bedroom 1 bathroom unit offers an affordable investment opportunity, and it is conveniently located in a secure gated complex and only minutes away from Cairns Central, Cairns Base Hospital, Esplanade, Schools and Public Transports.
This property represents the perfect entry level opportunity for a young professional, young couple with children, retirees looking to downsize and Investors. Get in quick as this unit is priced to sell and the studious buyer is sure to take advantage of this great opportunity.

Features include:

* Second floor unit
* Two spacious bedrooms
* One bathroom
* Air conditioning throughout
* Built-in wardrobes and study desk in both bedrooms
* Spacious & open living area
* Ceiling fans
* Private Balcony
* Carpark
* Internal Laundry

For investors:

Price: $143,000
Current Rent: $255
Rental Appraised: $270 - $290 per week
Rates: $2,600 approximately per year
Body Corporate: $4,527.09 per year

Potential rental Yield: Approximately 5.31% (Estimate only)
Potential annual rental income: $14,560 (Estimate only)

Unit is currently tenanted - 24 hours’ notice are needed to inspect the property.
Contact Claudio now at claudio@freemans.property to organise a private inspection.
*Photo taken before the tenant moved in.

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Sold for $141,000


Property Type: Unit
Land Size: 86m2

Property Features

Built in Robes Hot Water Electric Balcony Courtyard Fully Fenced Secure Parking Air Conditioning


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