RARE EDGE HILL DUAL OCCUPANCY INVESTMENT
Situated in a highly sought, quiet street in arguably Cairns most premiere suburb, these two residences sit over 809m2. The main street front 1960’s residence consists of three bedrooms, one bathroom and a spacious open plan living and dining area with built-in storage and bookcases. A spacious galley style kitchen opens through to the living room as well as to the rear private fully fenced courtyard. A triple tandem lock-up garage is also accessible from the rear courtyard and offers the opportunity to easily expand the living area of the main home.
The second residence is accessed via a separate carport area which accesses a generous back yard and fully fenced private courtyard. This property offers a spacious kitchen, one bathroom and two bedrooms plus an office, all accessed from the generous central living area. This property offers the option of further renovation potential or a long term, happy tenant is in place until the end of June and is willing to renew her lease if the new owner wishes.
This property offers a multitude of options including possible strata title S.T.C.A. With a combined gross income approaching $700 per week, this represents an awesome investment opportunity. It would also be perfect for extended family living or a home buyer wanting to live in the recently refurbished main home and to supplement their income renting out the other residence.
Ideally located on the Whitfield / Edge Hill border, the property is handy to three local shopping precincts, adjacent to the Edge Hill Bowls Club, and a comfortable stroll to the Botanical Gardens and everything that area has to offer. Being only 7 kilometres from the CBD in a highly sought after suburb, this offering should attract wide interest so do not delay your enquiry