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ID: 92675

$675,000

5 DESHON STREET,, WHITFIELD QLD, 4870
Beds
Baths
Parking
WHITFIELD - BLOCK OF FOUR TWO BEDROOM FLATS
You will want your investment in the best suburb/location. Whitfield is regarded as Cairns' best location and can't be much better in Cairns - Easy and quick access to the City, Esplanade, airport or Southern areas by the Western Distributor - surrounded by mountains and hills in a very quiet and tranquil area. Its located a
kilometre or so away from the famous Edge Hill shopping Village and restaurant area, and the beautiful Cairns Botanical Gardens.
A very easy property to for any Super Fund or Owner Occupier with reliable income stream.
Well managed and maintained block of 4 two bedroom block units all on ONE TITLE - NO Body Corporate to affect your running costs..Single level easy care property built on about 800M2 land, at the end of a cul-de-sac, with peasant well looked after but easy care gardens.
Each unit has 3 Split System air-cons installed - each unit with separate Hot Water, making these units popular to renters.
They are separately metered - with ONE block of 3 x 2 bedroom, unfurnished units on the left - and an entirely separate single 2 bedroom unit to the right - this unit is furnished with quality modern style furniture.
This could be a very comfortable unit for an owner with 3 separate units as an income stream - or it can be left as a very popular letting unit.
Making the 4 units renting at about $960 + a week with virtually no vacancies in the past 4 years.All units have virtually brand new modern kitchens and equipment.
Each unit has its own carport - and a pleasing outlook to the mountains -
HERE ARE SOME OF THE IMPORTANT FACTS ABOUT THIS PROPERTY _
. Blue Chip location - Whitfield!
. 4 x 2 bedroom units in all - 3 x 2 BR in one building and 1 x 2 bedroom separate furnished unit.
. 1 x 2 bedroom unit is completely separate - and could be used by owner with 3 units as an income stream.
. Each unit with 1 bathroom and separate toilet.
. Each unit with its own carport - in a cul-de-sac, quiet close.
. About 800M2 of gently sloping land with a very pleasant aspect.
. Each unit setup with 3 sparate Split System air cons.
. Each unit with its own hot water system and separately metered.
. One K to the Cairns Western Arterial Road..
. About 1K to the Edge Hill Shopping Village and Cairns Botanical Gardens.
. Close to Schools, bowling clubs and parks - they are everywhere!
. New Kitchens and blinds - an easily managed property.
. Laundry in each unit - with brying rails at the rear.
. One rates of about $7681.91K a year - Insurance with 'Landlord ' cover about $3100 a year.
. Hilly area right out of flood plain area.
. Tenants are long term and there is plenty of demand for these units.
. Potential to add value and to increase rents.
. Certain potential for capital growth with prices like this property

Features

General Features

  • Car Ports4

Other Features

  • Air Conditioning
  • Built-in Wardrobes
  • Split System Heating

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Property Type

BlockOfUnits

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