118/2-8 Rigg St, Woree is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 138m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Woree in the last 12 months.
Resort style living at 'City Waters' :
* Fixed term tenancy at $470pw until 22nd Nov
* Ideal for investors with good returns or for owner occupiers
Popular with tenants as the complex offers resort style living having the features and amenities all in a secure complex. In addition it is 5 minutes by car to Cairns Central and roughly 10 minutes to the major local shopping centre.
Total Annual fees are as follows:
Council Rates 2,700
Water 250
Body Corporate Fees 4,964
Building Insurance 1,249
Total 9,163
The property has a fixed term tenancy at $470pw until 22nd November 2024 which provides for a true net yield of approx 4.1%
Price : UNDER CONTRACT
Grant Freeman 0417 159 357
Should you be considering selling your property please do not hesitate to contact us - we are here to help you
The size of Woree is approximately 5.8 square kilometres. It has 10 parks covering nearly 27.5% of total area. The population of Woree in 2011 was 4,826 people. By 2016 the population was 4,822 showing a population decline of 0.1% in the area during that time. The predominant age group in Woree is 20-29 years. Households in Woree are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Woree work in a trades occupation. In 2011, 44% of the homes in Woree were owner-occupied compared with 42.8% in 2016.
Woree has 2,884 properties. Over the last 5 years, Houses in Woree have seen a 54.80% increase in median value, while Units have seen a 84.48% increase. As at 31 July 2024:
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