262 Lake Street
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About this property
A rare corner holding just 50m from the Cairns Esplanade, this 415m2 block offers exceptional potential in a highly sought-after position. Zoned Tourist Accommodation within the City Centre Local Plan (Precinct 1), the site allows for a variety of small-scale development outcomes from an exclusive single residence or boutique townhouses, through to one-per-floor apartments with sweeping coastal outlooks. Dual street frontage to Lake and McKenzie Streets provides design flexibility, excellent access, and a commanding presence in a rapidly evolving pocket of Cairns. With mid- to high-rise residential neighbours already established, this site is primed for quality development that complements the vibrant Esplanade lifestyle. - 415m2 zoned: Tourist Accommodation - Suitable for high end townhouse development - Current approval for 4 x 3 bedroom units + rooftop (expires September 2027) - Concept plans show max density: 6 stories, 4 x 2 bed, 2 x 3 bed over 6 levels - Only half a block from the Esplanade - Walk to hospital
Property Details
- Property Type
- land
- Listing Type
- For Sale
- Land Area
- 415 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Cairns North
This land in Cairns North, QLD 4870 sits within reach of public transport, local shops and nearby schools. It is listed 36% above the $545,000 median of 58 comparable landswithin 5 km.
Schools near Cairns North
- Mother of Good Counsel Schoolprimary · Prep-6 · CoEd
- Cairns State High Schoolsecondary · 7-12 · CoEd
What's nearby
- Sherdian Street at McKenzie Street (bus) — 295 m away
- Liquorland — 445 m away
- Les Davie Park — 242 m away
- Unnamed — 245 m away
- Les Davie Park — 290 m away
Cairns North at a glance
Full suburb profile- Population
- 5,334
- Median age
- 37
- Household income
- $1,402/wk
- Median rent
- $340/wk
- Median mortgage
- $1,300/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Cairns North price trend
Median sold · House 3 bed
Compound growth +5.5% / yr over 4 yrs
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Price history
Listing price changes
1 price change recorded for this property
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