Description

Two-Bedroom Apartment with Tropical Resort Style Living Enjoy secure resort-style living at its best! This is a fantastic opportunity to purchase one of the highly sought after ground floor apartments featuring an additional outdoor courtyard (perfect for creating a plant nursery or a private bbq area). This spacious apartment is currently vacant, and ready to occupy. Ideal for owner occupiers and investors seeking a secure income.

If you’re looking for the perfect tropical Cairns lifestyle, look no further than this stunning apartment nestled within the popular Lakes Resort. The resort features an arrangement of picturesque tropical gardens, a tennis court and 4 generously sized pools with BBQ entertainment areas at each. There is an on-site restaurant, café and full-service management team available 7 days a weeks, plus a grocery store within short walking distance. The resort is also situated next door to the Cairns Botanical Gardens and a short walk from several public transport bus routes.

Be a part the friendly community here where owners look forward to gathering around the pools and socialising with neighbours. Experience the peace of mind, knowing your safety is at the forefront with gates surrounding the complex, secured carparking and secured building entrances. Avoid lugging your belongings up the flights of stairs with this exceptional two bedroom apartment! With freshly painted walls and updated furnishings, this apartment will not last long. Everything you see in the photos is all included with the sale price! The open plan living, dining and kitchen area create an inviting space whether you’re relaxing alone or entertaining friends. The bedrooms are also generously sized featuring built-in wardrobes and A/C units in both rooms. The bathroom has a double vanity with stone benchtops as well as a luxurious spa bath for you to enjoy at your leisure. The kitchen also features a stone benchtop, gas stove tops, sufficient storage and a modern refrigerator. Being already furnished, this apartment will highly appeal to investors looking to turn over the apartment immediately after buying. The resort features both Holiday letting and permanent rental options which this apartment has taken advantage of for several years.

For investors:

Price: Offers over $369,000 Rental Appraised: $500- $540 per week as long term lease or $275 - $310 per night as holiday letting

Rates: $3000 approximately per year Body Corporate approximately : $7,500 per year

Potential rental Yield for a long term lease: Approximately 7.05-7.61% for a long term lease (Estimate only)

Potential rental Yield for holiday letting: Approximately 16.32% as holiday letting (based on 60% occupancy at $275 per day - Estimate only)

Call The Lakes Resort team now to organise your private inspection!

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