This unit covering 54 m 2 in area has tenants in place till 7 November 2025 paying $480 per week.
Positioned on the second floor of the well managed Il Centro complex this unit is the perfect fit for the professional investor wanting a property in a great location with excellent security in place.
Fully furnished, there is an allocated car space via the electronic gate entry and you will be impressed upon entering the pool and BBQ area at the rear of the complex.
The on site management have advised the complex Il Centro is currently going through a major overhaul, including new pool decking, lifts in the complex, and fire services upgrade.
Such renovations will obnly add to the market appeal of this complex where ionvestors and owner occupiers can reside !
Positioned across the road from the Cairns Courthouse and a short stroll to the Cairns Convention Centre , Risty?s Markets and Cairns Central Shopping Centre for those wanting an investment where POSITION POSITION, POSITION Is the Number 1 priority then look no further past Unit 16 ? 26 Sheridan Street Cairns City.
Body corporate fess are $13,479 per annum, with over $336,577 in the sinking fund.
The seller has advised that the next Annual General Meeting for Il Centro will be in June 2025 at which stage the body corporate levies will be reviewed. The current interim levies are for works to be done to the complex which is commencing shortly.
For further information or to arrange an inspection contact agent today!