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Lantern Court is a mix of 1, 2 and 3 Bedroom units(4 x 1 Bedroom, 2 x 2 Bedrooms and 1 x 3 bedroom). There are seven (7) units in total that are rented on a weekly basis from $180 to $360 per week. Offering a good spread and diversification for tenants and owner.
Located approximately 300m from the Airlie Beach main street and Town Centre these units have some sea views and will always be popular and in demand.
Lantern Court enjoys almost 100 % occupancy all year round as vacancies are filled quickly.
The property has recently been fully refurbished including tiled floors, new kitchens, and bathrooms and painted internally and externally. Lantern Court is very well built and is very low maintenance meaning as the owner you will have minimal expenses to keep the property in pristine condition.
Lantern Court is one title which means no body corporate fees and only one council rates notice.
Land is zoned Low medium density residential and will have future development potential.
An information memorandum is available upon request.