121/58-62 Ardisia Street, Smithfield QLD 4878

Offers over $470,000

2 beds

2 baths

1 parking

Premium Investment Opportunity Near JCU

Positioned in the highly sought-after The Beaches Luxury Apartments, this ground floor apartment presents the perfect opportunity for investors seeking strong returns and long-term security. Located just a 5-minute walk to James Cook University (JCU), the complex is exceptionally popular with international students and university staff, ensuring consistent tenant demand.

Currently leased until August 2027 at $570 per week, this is a genuine set-and-forget investment with immediate income from day one.

Inside, the spacious two bed & two bath apartment has been tastefully refreshed with new carpets and upgraded kitchen appliances, leaving absolutely nothing to spend. Simply purchase and enjoy the returns. Open your balcony doors and have direct access to the resort style pools.

Residents enjoy access to an outstanding range of resort-style facilities including:

Three swimming pools
Fully equipped gymnasium
Tennis court
BBQ and entertaining areas
Secure, professionally managed complex

The location is equally impressive. Walk to the local shopping centre, cafes and everyday conveniences, while enjoying easy access to everything Cairns has to offer. You're just 20 minutes from Cairns CBD and the International Airport, and only 10 minutes to the stunning Northern Beaches, including Palm Cove, Trinity Beach and Clifton Beach.

Whether you're looking to expand your investment portfolio or secure a quality property in one of Cairns' strongest rental locations, this outstanding apartment deserves your inspection.

The numbers that matter:
- BC fees approx. $6200pa
- Council rates approx. $3500pa
- Rental Income $570pw
- Leased until Aug '27

Property Details

• Type: Apartment
• Bedrooms: 2
• Bathrooms: 2
• Other Parking: 1
• Land Area: 84 m² (approx)