Under Offer 22/06/2022
Offer over $219,000
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39/26-30 Sheridan Street, Cairns City QLD 4870

Apartment111
Block size: 68 m² approx.
Can I afford this property?

Solid investment with great rental return in a centrally located boutique apartment complex

You are welcome to inspect unit 39 at 26-30 Sheridan Street.

Located in the stylish Mediterranean looking complex "Il Centro" Apartment Hotel. This top floor 1 bedroom unit is close to many local iconic attractions.
This little gem is just a short walk away from Cairns Convention Centre, The Reef Casino, Cruise Ship Terminal, Esplanade and Lagoon. Conveniently located across the road from Cairns Courthouse and Government Buildings, no wonder this apartment is ideal for holiday and corporate guests.

Superb on-site Management and security ensures a safe and relaxing stay for all guests as they enjoy the complex resort style pool, entertainment area and guest lounge.

Features include:

* Top floor unit
* Solid investment with great rental return
* Open plan apartment
* Large bedroom
* Dual access to the bathroom and living area
* Large bathroom/internal laundry with washing machine and dryer
* Kitchen includes fridge, microwave, stove and more
* Fully tiled
* Fully furnished
* Air conditioning
* Balcony overlooking Mediterranean style pool
* Sun deck, gazebo and BBQ area in the complex
* Professional management on-site and lift access
* Fully accredited tour desk
* Wi-Fi access in the common areas
* One undercover, secure car space

Unique inner city living or great investment do not miss out this rare opportunity!

For investors:

Price: Offers over $195,000
Rental Appraised: $420 - $450 per week
Holiday let appraisal: $180 - $240 per night
Rates: $2,590 approximately per year
Body Corporate approximately : $6,651.47 per year

Potential rental Yield: Approximately 6% - 7% (Estimate only)
Potential holiday let Yield: Approximately 12% -18% (Estimate only)
Potential rental income: $21,840 (Estimate only)
Potential holiday income: $50,000 (Estimate only)

Unit is currently tenanted - 24 hours' notice is needed to inspect the property.
Contact us now to organise a private inspection.

* Rental Yield and Rental Income are gross, approximate and based on the current market
**Photos have been taken before the tenant moved in
***Video have been taken before the tenant moved in

Features include: Built-in Robes,Broadband,Ducted Cooling,Secure Parking,Balcony,Deck,Outdoor Entertainment,Fully Fenced

Inspections

No open inspections scheduled.

Send an enquiry

Contact Claudio Di Bartolomeo to learn more about this property, request an inspection or take an online tour.

Key details

Property Type:Apartment
Lot:39
Plan Type:BUP
Plan:101919
Block Size:68 *
*These are approximate values based on available information.
Les Freeman Real Estate

Maps and area information

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Block information
Block size: 68 (approx)
Legal description: 39/BUP101919
Block Map
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Nearby sales

Looking to compare sales prices?

We found 23 apartments with 1 bedrooms that just sold near 39/26-30 Sheridan Street Cairns City

Home Loans

RepaymentsStamp duty & upfront costs

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
16 Apr 2021
Sold
Les Freeman Real Estate
Listed: 08/03/2021
Block size: 68m²
Transfer type: Full transfer

Suburb and property insights

Average Age
42 years
Population
2,737
Cairns City's Property Profile
Cairns City's Occupancy

Contact agents

Les Freeman Real Estate

Les Freeman Real Estate

View agency details
Claudio Di BartolomeoLes Freeman Real Estate
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Listing ID: 180604880. This listing has been viewed 68 times. It was first displayed on 06/05/2022 and last updated on 22/06/2022.