20/2-16 Fairweather Rd, Redlynch is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2006. The property has a land size of 134m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in August 2020.
Great location downstairs unit in gated resort style complex.
Features:
Huge main bedroom with ensuite bathroom, build-in wardrobes and glass door opens to patio;
For investors the current rental income is $330/w this year with potential to increase,
Low management fee with stable long term tenancies, very low turnover rates, minimum maintenance.
For owner occupiers, this is a very private and safe place, no garden to take care of, friendly neighbors and close to good schools, Redlynch shopping center, arguably the best suburb in Cairns.
If interested to book an inspection please contact agent at any time.
The size of Redlynch is approximately 25.4 square kilometres. It has 23 parks covering nearly 3.6% of total area. The population of Redlynch in 2011 was 8,645 people. By 2016 the population was 9,729 showing a population growth of 12.5% in the area during that time. The predominant age group in Redlynch is 40-49 years. Households in Redlynch are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Redlynch work in a professional occupation. In 2011, 70% of the homes in Redlynch were owner-occupied compared with 71.6% in 2016.
Redlynch has 4,237 properties. Over the last 5 years, Houses in Redlynch have seen a 48.59% increase in median value, while Units have seen a 81.41% increase. As at 31 October 2024:
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