EXCELLENT INVESTMENT AT CAIRNS REEF APARTMENTS
JOHN RYLAND has available this superb dual-key, fully-furnished apartment just 5 minutes from Cairns CBD. Cairns Reef Apartments & Motel offers 4-star accommodation with one and two bedroom apartments and motel-style rooms, set in beautiful tropical grounds with large resort swimming pool, tennis courts and secure undercover parking.
Both bedrooms have split system air conditioning and built-in robes. Both with sliding glass doors to the private courtyard.
The main bedroom comes off the living room with adjacent kitchen. It has a separate bathroom and laundry.
The second bedroom with ensuite has television and bar fridge.
Also included is a television in the living room, refrigerator, microwave oven and washing machine.
The apartment is fully-furnished and previously long-term tenanted at $330 per week.
At a year-round flat rate of $150 p/night, 25 of the 29 two-bedroom apartments are managed on-site for holiday and short-term accommodation. Cairns Reef Apartments has an 82% 12-month occupancy rate and all holiday let owners share equally in the combined income of the 25 apartments - paid monthly to owners.
JOHN RYLAND - Professionals Cairns South