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31/26-30 Sheridan Street, Cairns City$365,000
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31/26-30 Sheridan Street

Cairns City, QLD 4870, Australia
$365,000
1 bed 1 bath 1 car69 m²

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About this property

Positioned on the top floor of the highly regarded IL Centro complex, this modern 1 bedroom, 1 bathroom residential/holiday apartment offers the ultimate blend of inner-city convenience and investment flexibility. Sold fully furnished and complete with a highly coveted secure car park, this property represents a seamless, turn-key opportunity in the absolute heart of the Cairns CBD. Whether you are looking for a reliable addition to your portfolio or a future city base, this top-floor gem delivers on every front. Features we love: • Top-floor position: Enjoy elevated city views, great natural light, and added privacy from the direct lift access top floor of the complex. • Fully furnished & self-contained: Ready to go from day one, featuring a separate bedroom, functional kitchen, comfortable lounge, and private balcony. • Immediate income & flexibility: A 6-month lease is already in place at $550 per week, providing instant returns while keeping your options open for the future. • Secure car parking: Includes a dedicated, secure car park on title - a rare and valuable asset in the center of the CBD. • Resort amenities: Access to the complex's pristine swimming pool, communal BBQ facilities, and lift access to all levels. • Unbeatable location: Just steps from the Cairns Convention Centre, the Esplanade, the Casino, major supermarkets, and the city's finest dining options. With a secure lease already locked in and the added value of a top-floor position and private parking, this apartment offers an incredibly versatile opportunity for the astute buyer. Enjoy the effortless returns today while planning your next move in the booming Cairns market. For more information or to arrange an inspection, contact Mark Flinn today on 0405 646 313. Disclaimer: All information about the property has been provided to Ray White by third parties. Ray White has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own enquiries in relation to the property.

Property Details

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

Repayment calculator

$1,770/month
$885 /fortnight
Loan $292,000 at 6.10% over 30 years

Upfront costs

Deposit$73,000
Stamp duty$11,200
Conveyancing (est.)$2,000
Total upfront$86,200
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 City

This 1-bedroom apartment in Cairns City, QLD 4870 sits within reach of public transport, local shops local amenities. It is listed 38% below the $590,000 median of 64 comparable apartmentswithin 5 km.

What's nearby

  • Spence Street at Grafton Street (bus)150 m away
  • Kind Moments167 m away
  • CCLT Parkland352 m away
  • Anzac Park463 m away
  • Rotary Park563 m away

Cairns City at a glance

Full suburb profile
Population
3,616
Median age
44
Household income
$1,627/wk
Median rent
$413/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Cairns City price trend

Median sold · Unit 1 bed

Compound growth +27.6% / yr over 4 yrs

$503kcurrent median

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1 price change recorded for this property

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