The Phone Code for this property is: 84190. Please quote this number when phoning or texting.

Apartments 2, 3 & 4 / 49 Sondrio Street, Woree 4868
6 Bed, 3 Bath, 3 Car

This solid, well maintained small block of 4 apartments overlooking a beautiful parkland is located within 8-10 minutes of the Cairns city centre and even closer to major shopping centres, public and private schools, public transport, childcare centres, medical services and more.

Consistently rented for many years now 3 out of the 4 units has become available for a new owner or owners.
Parks Apartments provides a current rental yield of $810 per week, across 3 of the 4 units and has a total potential rental income in the current market of approximately $900 per week or $46 800 p.a ( and the rental vacancy rate in Cairns is at an all-time low -approximately 0.6% ) .

Features include:
• 3 x 2 bed, 1 bath apartments with both front and rear access
• All bedrooms and living areas fully air-conditioned
• Ceiling fans installed throughout also
• Smoke alarms have been upgraded to current fire safety
regulations
• Each unit has a fully fenced, exclusive use courtyard, ideal for children and small pets.
• A beautiful parkland is situated straight across the street providing a lovely green zone for the enjoyment of families and furkids alike.
• Spacious Bedrooms
• Built ins to each unit
• Separate bathroom and toilet
• Internal laundry to each unit with individual external washing lines within the private courtyards

• The complex is solid rendered double masonry construction
on approximately 728m2 block.
• The complex inside and out was fully renovated and roof replaced in approximately 2010
• Freshly repainted exterior prior to this listing (May 2022)
• Covered off street parking (carport) at rear of the complex
• Fully security screened
• Conveniently located 8-10 minutes commute to the Cairns CBD and within walking distance to corner store, local schools, medical services, public transport, sporting facilities, shopping centre.

Current Income details:
UNIT 2: tenanted $285 pw, with lease until October 2022
UNIT 3: tenanted $240 pw, currently in periodic lease
UNIT 4: tenanted $285 pw, with lease until October 2022

The complex enjoys a harmonious tenancy with long term tenants in place and all being hopeful to renew leases .

Outgoings:
Council Rates: approximately $2758 per unit per annum
Reasonable body corporate fees: approx. $1700 per unit per annum

Note:
* The units are all individually strata titled
*Some photos have staged furnishings.

Inspections for this complex are by appointment only.
Please contact Adam for more information.

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.