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3/195-197 Sheridan Street, Cairns North$350,000
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3/195-197 Sheridan Street

Cairns North, QLD 4870, Australia
$350,000
2 bed 1 bath 1 car75 m²

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About this property

Positioned within the 'Sandytown' complex of just 12 residences, The Ray Murphy Team is delighted to present this ground floor, two-bedroom apartment to the Cairns property market. Offering low-maintenance living and a secure investment opportunity, this property is an ideal "set and forget" addition to any portfolio - perfectly suited for the savvy investor seeking reliable returns. Property Features: • Two generous bedrooms with built-in robes and air conditioning • Open plan living and dining area • Central, functional kitchen • Spacious bathroom with practical layout • Undercover single carport • Complex swimming pool The Figures: Body Corporate Fees: $6,666.68 approx. p/a Council Rates: $3,326.90 approx. p/a Rental Income: Currently achieving $430.00 per week until May 2026 Conveniently located, this apartment provides easy access to key amenities including the Cairns Base Hospital, Cairns Central Shopping Centre, and the Domestic and International Airports. The property is also within the Cairns State High School catchment and well serviced by public transport. Just a short drive to the CBD, the lively Esplanade, restaurants, cafés, and the waterfront lagoon, residents will enjoy a comfortable lifestyle with everything Cairns has to offer within close reach. Contact 'The Ray Murphy Team' today to register your interest! A minimum of 48 hours' notice required due to tenancy. Disclaimer: All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
75 m²
Listed
3 months ago

Repayment calculator

$1,697/month
$848 /fortnight
Loan $280,000 at 6.10% over 30 years

Upfront costs

Deposit$70,000
Stamp duty$10,675
Conveyancing (est.)$2,000
Total upfront$82,675
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.

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Neighbourhood

Living in Cairns North

This 2-bedroom apartment in Cairns North, QLD 4870 sits within reach of public transport, local shops and nearby schools. It is listed 36% below the $545,000 median of 61 comparable apartmentswithin 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)567 m away
  • Liquorland155 m away
  • Les Davie Park306 m away
  • Apex Park375 m away
  • John Egan Park400 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 · Unit 2 bed

Compound growth +14.1% / yr over 4 yrs

$450kcurrent median

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