29-33 Springfield Crescent Manoora, QLD 4870

Proudly welcoming to Cairns' affluent property market is this exceptionally exciting Management Rights business opportunity.

Introducing: Whitfield Waters.

Bordering the elite districts of Whitfield and Edge Hill, this sensationally appointed complex comprises of 80, two-bedroom, two-bathroom apartments. This complex has been impeccably well-maintained. Presenting with immaculately kept grounds and an enviable resort-style swimming pool.

'Whitfield Waters' is nothing short of impressive…

On offer here is an exceptional opportunity, whether for an individual operator or a dynamic couple. With a letting pool of approx. 45 units and straightforward caretaking responsibilities, the groundwork has been expertly laid, and the property stands poised for its next discerning owner.

COMPLEX HIGHLIGHTS:

• Price Guide: Offers Over $599,000 considered
• 80x two-bedroom, two-bathroom apartments (84m2)
• Five gated buildings, three levels
• One very impressive resort style swimming pool
• Two BBQ areas
• Bathroom and shower facilities around the pool area
• A children's playground

MANAGERS UNIT:

• Price Guide: $310,000 Neg
• Ground floor, end unit
• 2 bedrooms, both complete with built-in wardrobes and air-conditioning
• Master inclusive of an ensuite bathroom with direct access to the large entertainers patio
• Open plan living, with a functional kitchen. Complete with dishwasher and ample bench & cupboard spaces
• Internal laundry
• 84m2 floorplan
• Airconditioned throughout
• Generous, private enclosed patio, accompanied by a beautiful outlook
• Exclusive use, fully fenced backyard
• Secure undercover single car garage on title

BOTTOM LINE:

• Body Corporate Levies: $5,174.48 approx. p/a
• Council Rates: $2,700 approx. p/a
• Attractive managers salary (available upon request)
• Currently returning over $200,000 net P.A
• Letting pool of approx. 45 apartments

This resort style complex located at the end of a quite no-through road, and is less than 10-minutes' (approx.) drive to Cairns' CBD.

Exciting business opportunities such as this seldom present themselves.

A full information memorandum available upon request. Make the move today and reap the benefits tomorrow!

Contact David Murphy or Natasha Whalley-Thompson for a full information memorandum.

Do not let this prospect slip between your fingers!