Investment Opportunity

Buy a bit of paradise. Purchase your retirement home for just $130,000

For Sale by owner twelve Individual Lots on SP208891 County: Cardwell Parish: Ellerbeck - $130,000 each

Up market studio apartments / free standing single unit dwellings /cabins with individual ownership of property (on separate land title) in a community title scheme (ie body corporate).

  • There are 12 units within this complex under Qld Community Title Scheme # 40524 "Lake Vue Cabins".
  • Ownership entitles holder to vote on Body Corporate matters and stand for office.
  • Body Corporate fees of $1,600 p/a apply which covers building and public liability insurance, as well as grounds maintenance.
  • Cassowary Coast Regional Council rates of $2,400 p/a includes water and garbage collection.

Located at Port Hinchinbrook North Queensland half way between Cairns and Townsville, this area presents one of Australia's idealic spots in and around Australia's largest National Park Island (Hinchinbrook Island) within the Great Barrier Reef Marine Park. Check it out at

For the keen fisherman, you can fish directly from your back deck. There is private parking and room for your car and boat. Fantastic weather conditions all year round (with an occasional cyclone) but these cabins are structurally sound for the tropical environment. Nicely appointed units (under the overseeing eye of the late Keith Williams) these units represent excellent value for money either as a primary place of residence, a winter retreat from the colder months down South, or as an investment proposition in a managed rental.

Purchase options

Purchase out-right or ... Rent buy plans available starting from $185 per week over three years with all payments made during that period (some $28,860) being allocated as full deposit money for eventual purchase. Two year terms start at $200 per week with all payments made during that period (some $20,800) being allocated as full deposit money . Annual CPI is applicable to rent - buy plans.

Vendor is offering free legal services for conveyancing to transfer title into your name.

For more information contact Andrew du Boulay on 0435 4060 11