263 Lake Street, Cairns North
CAIRNS NORTH ~ GREAT CITY FRINGE INVESTMENT! Block of Units - Property ID: 681845
Just one block back from the Esplanade, a short stroll to the CBD and very close to the Cairns Base Hospital.
This solid block of 8 units provides good returns in a "Blue Chip" location with certain long term capital gain.
Comprising 6 x 1 bedroom units and 2 x 2 bedroom units, currently several of the units are booked out through the Queensland Government Patient travel Subsidy Scheme (PTSS) to patients who need to be near the hospital for regular treatment but are not required to be admitted for an in hospital stay.
The complex also has the potential to be turned into short term holiday let accommodation with the option of owner occupying one of the units and running them onsite.
Virtually irreplaceable in this position!
Contact Billy on 0407 102 103 to arrange a private inspection.