Sold
Last Asking Price - $345,000
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85/9-11 Water Street, Cairns City QLD 4870

Apartment
22
Block size: 1106 m² approx.

Excellent Duel Key City Investment !!

This stunning first floor dual key "Superior" apartment is located within the much sought after "Southern Cross" development in the heart of Cairns City. The development is immaculate and very well run by the onsite managers and this is a golden opportunity to purchase an outstanding investment with approx. 13% Nett returns. Ideal to use as your super holiday home in tropical Cairns with excellent onsite facilities including three stunning pools, café and air conditioned Gym. The location is exceptional being within a short stroll of Cairns Central shopping centre, fine restaurants and cafes and the stunning Esplanade, award winning lagoon and Reef Terminal.

The apartment offers:

- Two immaculate self contained apartments with enclosed private patios.
- Two, one bedroom "Superior" configuration.
- Fully furnished with quality furniture and white goods.
- Light and breezy living spaces.
- Modern fitted kitchens with appliances.
- Spacious modern bathrooms.
- Quiet position within the development.
- Dual key configuration, two apartments on one title.
- Fabulous investment to use for your holiday in Cairns
- Excellent income history with solid returns to the owner.
- Fully air-conditioned and ceiling fans.
- Guest parking areas spaces.
- 1st July 2022 to 30th June 2023 (last financial year) owners income $53,870.67 AFTER management fees.
- NETT RETURN APPROX 13% !!
- Body Corporate fees $5,510.20 approx per annum paid by owner.
- Council rates $2,700 per annum paid by owner.
- Perfectly priced for a quick sale INVESTORS ONLY

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Inspections

No open inspections scheduled.

Send an enquiry

Contact Tim Winborn-Sharp to learn more about this property, request an inspection or take an online tour.

Key details

Bedrooms:
2
Bathrooms:
2
Property type:
Apartment
Block Size:
1106 *

Other Details

Lot:
85
Plan Type:
SP
Plan:
173564
Legal description:
85/SP173564
Twomey Schriber Property Group

Maps and area information

Block information
Block size: 1106 (approx)
Legal description: 85/SP173564
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
Sorry, overlays are not available for this address
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

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
02 Apr 2024
Sold
Twomey Schriber Property Group
Listed: 16/02/2024
Transfer type: Full transfer

Cairns City suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
44 years
Population
3,616
Listing ID: 182304338. This listing has been viewed 10 times. It was first displayed on 16/02/2024 and last updated on 02/04/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.