Unique 4 Villa Style Unit Complex - Strata Titled - Exceptional Returns - $150000

Description

Tucked away on the edge of one of Cairns premier suburbs, Whitfield, is this outstanding investment opportunity that has even greater potential in the future. The owners of this strata titled complex would like to sell this complex initially as a single transaction but they would be open to offers on the individual units. The complex is on 1600 m2 of land with 2 x 3 bedrooms and 2 x 2 bedroom units. A three bedroom and a two bedroom are vacant and both have been recently decorated throughout. The 3 bedroom that has been let for $250 per week for 12 months has also been decorated. The remaining 2 bedroom unit has a long term tenant on a periodic lease. The owners are very keen to sell and have priced the units very competitively. 2 bedroom unit (Vacant ) $169,000 2 bedroom unit (Rented) $159,000 3 Bedroom unit (Vacant ) $189,000 3 Bedroom unit (Rented) $179,000 For the whole complex offers over $640,000 will be considered.