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Rare Freehold Townhouse Complex – Presti
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Rare Freehold Townhouse Complex – Presti

“Sandy Cay Apartments” is a quality complex of 6 x 2 level townhouses backing onto a 9-hole golf course which is part of the Oceans Edge Health Club. Large 1,600 sqm freehold site only 750m to the beachfront. Landscaped tropical grounds surround a sparkling in-ground pool, bbq and alfresco entertaining areas. 20 minutes north of Cairns on the Marlin Coast, Palm Cove is an international tourist destination. 10 international airlines with direct flights and a total of almost 900,000 overseas visitors each year. Currently on residential leases, there is huge potential for significantly increased income from holiday letting. The complex is strata titled giving flexibility for individual sales if required. Net Income: $70,000 pa + GST (estimated to potentially increase to $200,000 net based on a conservative 60% occupancy as a holiday let). For Sale by Expressions of Interest Offers Closing 4pm AEDT Friday 17th November 2017 Featured Details Current Tenant Tenanted Gross Building Area 550 sqm Land Size 1,600 sqm

Rare Freehold Townhouse Complex – Presti

Location: 225 St Georges Terrace, Perth WA 6000, Australia

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Burgess Rawson

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