5/270-278 Sheridan Street, Cairns North, QLD, 4870

$144,000
Sold on 22nd August 2022
  • 2 BED
  • 1 BATH

Escape winter to this tropical paradise ROI 12.5%pa aprox

Located a short stroll to the vibrant esplanade, a fabulous paradise escape during the cold winter months. Beautiful ambient presentation where you will feel comfortable and right at home. A great opportunity to secure a piece of paradise at an affordable price, and enjoy for your own personal use throughout the year.

Oasis Inn offers a 24/7 onsite holiday management service, or you can independently manage on a holiday or short-term basis. Located on the ground floor, 2 bedrooms fully furnished and self-contained apartment.

Spacious comfortable lounge/dining
Neat and tidy kitchen with gas stove
Massive master bedroom with king bed plus single bed, built in desk and built in wardrobe
Second queen bedroom with built in wardrobe
Bathroom with roman bath and separate toilet
Fans, aircons and security screens throughout

The complex has a lush tropical swimming pool, BBQ, undercover parking and coin operated laundry.

ROI 12.5% per annum aprox
Body Corporate fees $5,900 per annum aprox
Council rates $2,600 per annum aprox
Short Term Rental Appraisal $360 per week
Holiday Rates $160-$180 per night, resort currently operating at 100% occupancy


Property Details
Property Type: Residential
Floor Area: 66 SQM

Property Features
Air Conditioning
Built In Wardrobes
Pool
Swimming Pool-In Ground

Property Location