38/71-75 Lake St, Cairns City, QLD 4870

38/71-75 Lake St, Cairns City, QLD 4870 Prime Cairns Location ? Ideal for Investors and Holidaymakers

This apartment presents an exceptional opportunity for buyers seeking a holiday rental investment. Ideally situated with easy access to the best attractions that Cairns has to offer, this property is bound to impress.

Covering 49m?on the 5th floor, this well-appointed, fully furnished 1-bedroom apartment boasts a smart open-plan layout that combines the living, dining, and kitchen areas, extending out to a private balcony ? perfect for enjoying those relaxing afternoon sunsets.

Nestled in the vibrant heart of Cairns, Inn Cairns Boutique Apartments offers an ideal setting for business professionals or holidaymakers. This property is an excellent investment, offering solid returns. Whether you continue renting it as a holiday let through Inn Cairns Boutique Apartments, have it managed by a third party, rent it out privately, the flexibility is yours.

KEY FEATURES:

? Fully furnished and self contained apartment with views

? Private balcony with shutters, allowing for privacy while welcoming the breeze

? Well-equipped kitchen with modern appliances

? Spacious, air-conditioned living area with a mix of tiled and carpeted flooring

? Comfortable all-in-one ensuite bathroom

? Internal laundry with full-sized appliances

? Secure underground parking

? Resort-style tropical pool and BBQ area in the complex

? 24/7 on-site management

INVESTMENT POTENTIAL:

? Net Return: $28,000 per year

? Rental Appraisal: $550 per week approx

? Rates: $2,918 pa approx

? Body Corporate Fees: $11,668 pa approx.

The property?s prime location puts it within walking distance to the Cairns esplanade, popular shops, and some of the city's best restaurants, making it highly attractive for both residents and visitors.

Cairns is experiencing strong investment growth, driven by a booming tourism sector, major infrastructure projects, and increasing demand for both short-term and long-term accommodation. Key developments, such as upgrades to Cairns Airport and the waterfront precinct, are enhancing the city's appeal. With rising property values and rental returns, Cairns offers solid growth potential for investors seeking strong yields and future capital appreciation.

Contact Naomi today to arrange a private inspection of this outstanding opportunity!