403/27-29 Wharf St, Cairns City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2004. The property has a land size of 114m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in July 2023. There are other 2 bedroom Unit sold in Cairns City in the last 12 months.
Come one come all, calling all wise investors, those looking for a waterfront home or the holiday getaway of your dreams.
Welcome to apartment 403, in the prestigious Jack and Newell development. Home of unbelievable holiday let returns and simply sensational, apartment living.
*Virtual tours available on request for buyers not located in Cairns*
The Facts -
- Incredible NET returns of over 6%!
- Exceptional, waterfront location with eye level views of Trinity Inlet
- Idyllic South Easterly aspect for the morning sun and year round breezes
- Most private floor plan available in complex
- Massive balcony, perfect for entertaining
- Immaculate condition, upgraded lights and fans
- Split system air-conditioning throughout
- Additional storage room and secure parking
- Sold fully furnished in turn-key condition
The Bottom Line
- Holiday let returns in excess of 6% net over last 12 months
- Body Corp $8,100 approx. p/y
- Council Rates $2,600 approx. p/y
- Long term rental appraisal $820 per week
Maintained to the highest of standards and complemented with an exceptional floor plan, apartment 403 presents exactly as a luxury, waterfront property should. Complete with a few additional features and benefits that are so much more than surface deep, this exceptional property is a truly incredible opportunity. Not just for those looking for luxurious apartment living, but also for those looking to draw an impressive income from a highly regarded and very sought after holiday location that you can enjoy too.
Who says you can't have your cake and eat it too.
For all enquiries or to book your private inspection, contact Tim Lyon, today on 0400 355 706.
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.
The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.
Cairns City has 3,283 properties.
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