3 Bed Apartment for sale in Cairns, Queensland, Australia

Asking price: AUD $690,900, FANTASTIC 5 YEAR INVESTMENT PACKAGE - ASK FOR DETAILS, * Resort-style swimming pool, * Secured parking, * Buggy space for each unit, * Gated access, * Lush courtyards, * BBQ area, * Gymnasium, * Sauna, * Playgrounds, * Golf Club, * Spacious bedrooms, * Large master bedroom, * Dryer, * Fire alarm and Sprinkler system, * Dishwasher, * Private balcony, * Large walk-in closet in master bedroom, * Air Conditioning, * Basement Storage room, * Wall to Wall carpet, * Ceramic tiled kitchen and bathroom floors, * Large showers, * Custom built cabinets in kitchen and baths, * Solid surface kitchen cabinet tops, * Telephone and TV outlets, * Close to beaches, shops and restaurants

This stunning property ideally located in Northern Queensland at the doorstep of the world?s famous Great Barrier Reef.

The Cairns residential market has moved in parallel with national property prices and national trends of low rental vacancies.

The steadily increasing population and the region?s strong economy have pushed prices of the residential properties.

The city of Cairns is the premier regional city in Australia and the international gateway to Tropical North Queensland. Cairns located about 1700km from Brisbane and about 2500km from Sydney by road.

It is the only place in the world where two World Heritage Areas meet - the Great Barrier Reef and the Wet Tropics of Far North Queensland.

The Cairns Region, with its unique environment, is renowned nationally and internationally as a premier tourism destination. The region attracts more than 2 million domestic and international visitors each year.

There are many things the locals take for granted over here, but the main one is the perfect lifestyle.
You can enjoy beautiful palm tree beaches, secluded natural parks, metropolitan style shopping and restaurants and world class recreational facilities.

Cairns residents have the capacity to strike an enviable balance between work and family and it is the opportunity for this quality of life which continues to attract people to this fast growing region of Australia.

This spacious brand new 3 bedrooms plus Study apartment located within up market residential resort ? an award winning residential lifestyle apartment project of the year situated just 20 minutes from city centre.

Contemporary apartment possess luxury finishes including quality appliances, granite bench tops, large lanai verandahs and full split-system air-conditioning throughout.

Accessed through dual security gates, this luxury property features many recreation facilities including, resort style swimming pool, gymnasium, BBQ area, secure undercover parking and much, much more.

From an investor?s perspective - Cairns property market offer exceptional value for money.

Property is fully constructed and operational.

Location and high potential growth of prices make it possible to expect a high level of return on investment over the next few years.

Apartment Description:

Level 1 apartment features 3 bedrooms, study and spacious lanai.

There is secure basement 2 car parking facility with extra storage space and a golf buggy parking.

OPTIONS FOR INVESTMENTS:

CAPITAL:

Term of the agreement: 5 years

Required investment: $345,450*

Conservative estimate of the property price at the end of the agreement: $1.298.000****

Mortgage amount balance at the end of the agreement: $345,450***

Rent return agreement: 5 years

Estimated investment return:
$607,200

CAPITAL PLUS:

Term of the agreement: 5 years

Required investment: $690,900*

Conservative estimate of the property price at the end of the agreement: $1.298.000****

Extra income generated from rental
during agreement: $172.725

Rent return agreement: 5 years

Estimated investment return:
$780,000