20/64 Pease Street
Manoora, QLD 4870

Overview

Turnkey Investment with Secure Lease & Immediate Income

Situated within a well-maintained complex, this property offers a reliable investment opportunity with immediate income secured by a 12-month lease until March 2027. It is an excellent addition to any investment portfolio, providing steady returns and strong rental appeal in a convenient location.

Key features of the property include two spacious bedrooms, each equipped with air conditioning for comfort. The central bathroom serves the home efficiently. The open-plan living and dining area is designed to facilitate easy and comfortable everyday living. The kitchen is well-appointed, featuring a free-standing stove and oven, ample bench space, and plentiful cupboard storage, making meal preparation convenient.

An internal laundry adds to the property's functionality, while a spacious private balcony offers outdoor space for relaxation. The property includes a single undercover carport, providing secure parking. This low-maintenance investment is attractive to tenants, ensuring strong appeal in the rental market.

Financial details include approximate body corporate fees of $5,800 per annum and council rates around $3,200 per annum. The current rental income is $470 per week, secured until March 2027, offering a dependable revenue stream.

The location is highly convenient, with close proximity to Piccones Village Shopping Centre, Go Bowling, and the Edge Hill Tavern. Both Cairns Airport and the Cairns CBD are only a short drive away, providing easy access to essential amenities, dining options, and transport links.

This property represents a solid investment choice for those seeking to expand their portfolio or secure a set-and-forget asset with reliable income and tenant appeal.

Disclaimer: All information provided is believed to be reliable and accurate to the best of our knowledge. Prospective buyers are encouraged to conduct their own inquiries to verify details before making any decisions.

Location