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4/157-159 Grafton Street

Cairns City, QLD 4870, Australia
$545,000
2 bed 1 bath 1 car98m²

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Area Price Guide
$512,300$577,700

Indicative price guide range

🏘️
79
Comparable
📊
$599,000
Area median
⚖️
-9%
vs median
📐
$5,561
Per m²
📏
98 m²
Land
🗓️
1 week ago
Listed

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About this property

GETAWAY ON GRAFTON - THE PERFECT INVESTMENT COMPLEX An exceptional opportunity to secure a fully approved short-term accommodation property in one of Cairns' most tightly held lifestyle and tourism precincts. Positioned within walking distance of the Cairns Esplanade, marina, hospital, dining and entertainment precincts, this contemporary apartment offers the ideal combination of location, flexibility and income potential. Whether operated as a high-performing holiday rental, executive holiday accommodation, medical stay apartment or lock-and-leave tropical retreat, this property is strategically positioned to benefit from Cairns' year-round visitor economy and strong CBD accommodation demand. WHY THIS PROPERTY STANDS OUT Zoned specifically for Short Term Accommodation Prime CBD location near the waterfront and marina precinct Walking distance to Cairns Hospital and major employment hubs Strong appeal for holidaymakers, business travellers and extended stays Boutique resort complex of only 24 lots Secure, low-maintenance investment with lifestyle upside LIFESTYLE AND CONVENIENCE Enjoy immediate access to: Cairns Esplanade Lagoon and waterfront boardwalk Reef fleet terminal and marina access Cafes, restaurants and nightlife Shopping centres and cultural precincts Cairns Performing Arts Centre Public transport and airport connectivity Medical and university facilities This is the type of location guests actively search for when booking short-stay accommodation in Cairns. APARTMENT FEATURES 2 bedrooms | 1 bathroom | private balcony Spacious open-plan living and dining Functional kitchen with granite benchtops, dishwasher and pantry storage New split-system air conditioning to living area and bedrooms Internal laundry area with washer and dryer included Furnished inventory available Wi-Fi and NBN ready Secure access and parking Level 1 position within boutique complex Resort Amenities Tropical landscaped gardens Resort-style swimming pool and spa Outdoor BBQ and entertaining area Security access INVESTMENT HIGHLIGHTS With legal short-term accommodation zoning already in place, the property is ideally suited for: Holiday letting Executive accommodation Medical and hospital visitor stays Seasonal tourism demand Lock-and-leave lifestyle ownership The combination of CBD convenience, waterfront proximity and resort-style facilities creates broad market appeal and multiple income opportunities throughout the year. PROPERTY DETAILS Body Corporate: Approx. $7,833.34 p.a. Council Rates: Approx. $3,266 p.a. Lot Size: 88m2 Registered: 2002/03 Number of Lots: 24 Zoning: Short Term Accommodation A strategic Cairns investment in a high-demand accommodation corridor - offering lifestyle flexibility, strong guest appeal and long-term growth potential. CALL KAZ FOR FURTHER INFORMATION AND INSPECTION TIMES 0438 324 207 All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Property Features

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    Repayment calculator

    $2,642/month
    $1,321 /fortnight
    Loan $436,000 at 6.10% over 30 years

    Upfront costs

    Deposit$109,000
    Stamp duty$17,550
    Conveyancing (est.)$2,000
    Total upfront$128,550
    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
    98m²
    Listed
    1 week ago

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