102/53 McCormack Street, Manunda


Sold for $157,000
2 1 1

Conveniently located city fringe apartment with private backyard!

Presenting the perfect and unique opportunity for an astute investor or owner occupier.
Situated on the ground floor in a modern, gated, and well-maintained complex with a pool this unit has the unique feature of a private fenced backyard.
Within 5min walk of a busy shopping center, schools, public transports this units is fantastically located!

Features include:

* two bedrooms with built-in robes and Aircon
* one bathroom with a brand new vanity
* internal laundry
* separate lounge & dining areas
* centrally positioned kitchen with plenty of cupboard space
* private balcony
* private fenced backyard
* sparkling in ground pool in the complex
* under cover off street parking
* security screens
* low body corporate with an healthy sinking fund

Suburb Over-view:
Manunda is an inner-city suburb of Cairns and has a high number of rental properties, which are mixed in terms of types of housing; there is a range of separate house, duplexes, units, and apartments in the area. It is a relatively affordable place to live in Cairns particularly since it is quite close to the city center - about 7mins west of Cairns CBD.

Local Facilities Include:

* St Francis Xaviers school
* Raintrees shopping center
* Cairns West state school
* Trinity Bay state school
* Sporting facilities
* Cafe and takeaway shops
* Public transports

For investors:

Price: $160,000
Current Rent: $250 per week until October
Rental Appraised: $280 - $300 per week
Rates: $2,550 approximately per year
Body Corporate: $3,044.31

Potential rental Yield: Approximately 5.97% (Estimate only)
Potential rental income: $15,600 (Estimate only)

Currently leased till October - please call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.
*Photos taken prior to tenants moving in.

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Sold for $157,000


Property Type: Apartment
Land Size: 107m2

Property Features

Broadband Built in Robes Hot Water Electric Balcony Courtyard Fully Fenced Pool (In Ground) Secure Parking Air Conditioning


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