Home/Properties/Cairns North/20/261-265 Sheridan Street
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For Saleapartment

20/261-265 Sheridan Street

Cairns North, QLD 4870, Australia
Under Contract by Tate Robi…
2 bed 1 bath 1 car59m²

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About this property

Located in the well-known Winston complex, this 2-bedroom unit presents an outstanding opportunity for both investors and owner-occupiers seeking value and versatility in a prime Cairns North location. Spanning approximately 59m², it's ready to move straight into or continue as a high-performing rental. Inside, you'll find a modern kitchen, two spacious bedrooms, and an open-plan living and dining area that flows seamlessly onto a private balcony. The main bedroom also enjoys its own private balcony. Currently tenanted at $480 per week, this property offers immediate rental income with flexibility for long-term or short-term letting (subject to approvals). Residents of the complex enjoy access to a swimming pool, communal laundry, and rear car parking with access via McLeod Street. Secure pedestrian access is also available via Sheridan Street. - Open-plan living and dining - Two private balconies - Communal pool and laundry - Secure complex with dual access - Currently tenanted at $480 per week, until 07/07/2026 - Body corporate levies - Approx. $15,933 p/a A low-maintenance property in a central location close to the CBD, Esplanade, hospital, and local amenities, this is an opportunity not to be missed.

Property Features

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    Repayment calculator

    $2,666/month
    $1,333 /fortnight
    Loan $440,000 at 6.10% over 30 years

    Price estimated from comparable nearby — edit below to use your own number

    Upfront costs

    Deposit$110,000
    Stamp duty$17,775
    Conveyancing (est.)$2,000
    Total upfront$129,775
    Verify with QLD revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    apartment
    Listing Type
    For Sale
    Bedrooms
    2
    Bathrooms
    1
    Parking
    1
    Land Area
    59m²
    Listed
    1 week ago

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