Offers Over $349,000 Each
The owners instructions are to sell them all either individually or as a block.
Being offered for sale is this unique block of 4 stand alone villas located a stones throw from the Yorkeys Knob Boat Club. Currently bringing in approx. $85k in Gross Income and situated in a beautiful rainforest setting each villa features 2 bedrooms and 1 bathroom and has their own private patio area. The villas are laid out around a central resort style swimming pool and also come with a lock up garage for each unit.
The units are strata titled, but because the current owner owns all of them the BC has become inactive, which means there is NO BC FEES. This is the same as a duplex setup.
Sitting on almost 3/4 acre of land. With the proximity to the Boat Club, the Golf Course, the Boat Ramp and all the great little eateries around Yorkeys Knob, this parcel of properties has more going for it than just about any other building in Cairns.
With the owners circumstances changing, now is the time to snap up a great opportunity to purchase this rare property that is strata titled with no BC fees.
The numbers that matter:
- BC fees NONE
- Council rates approx. $2800pa per unit
- Strata Insurance approx. $2500pa
- Rental income x 4 units $420pw
Call Shane to book your private inspection now.
**Disclaimer - Ray White Cairns Beaches & Smithfield and its agents do not give any warranty or assurance as to the accuracy or reliability of any of the information contained herein. All interested parties should undertake their own investigations and seek professional advice to verify all information. Whilst we endeavour to ensure all details are correct, information has been collated from various sources, hence we provide no guarantee or warranty as to its accuracy or completeness. Our agency and its agents will not be held liable or responsible for any loss or damage as a result of any error or misrepresentation herein.**
1 Rabaul Street, Trinity Beach QLD 4879
SHANE DENNIS
0401591511