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4/284 Lake Street

Cairns North, QLD 4870, Australia
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2 bed 1 bath64 m²

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About this property

Ground floor corner unit offering low-maintenance living in a highly convenient Cairns North location. Positioned within a boutique complex of just 12, this two-bedroom apartment is currently leased at $520 per week until July 2026, making it an ideal set-and-forget investment with immediate rental income. Located within walking distance to Cairns Base Hospital and the Esplanade, the property continues to attract strong tenant demand thanks to its lifestyle and city-fringe convenience. Property Features: • Ground floor corner position • 2 bedrooms | 1 bathroom • Functional 64m² layout • Boutique complex of only 12 apartments • On-site common property car parking • Walking distance to Cairns Base Hospital & Cairns Esplanade • Strong rental appeal in a sought-after location Investor Information: • Currently leased at $520 per week until July 2026 • Rental appraisal: $520-$540 per week • Council rates approx. $1,650 p/a • Body corporate levies approx. $5,600 p/a • Full Seller Disclosure Statement (SDS) available upon request Additional Information: • Video walkthrough available via WhatsApp • Open Homes every Saturday until SOLD • Private inspections welcomed (minimum 48 hours' notice required due to tenancy) Secure this investment opportunity today. Contact Natasha Whalley-Thompson and her team on 0487 154 973 for further information.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Land Area
64 m²
Listed
3 months ago

Repayment calculator

$2,662/month
$1,331 /fortnight
Loan $439,200 at 6.10% over 30 years

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

Upfront costs

Deposit$109,800
Stamp duty$17,730
Conveyancing (est.)$2,000
Total upfront$129,530
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.

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)301 m away
  • Liquorland341 m away
  • Unnamed92 m away
  • Les Davie Park200 m away
  • Unnamed289 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

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Cairns North market

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Nearby Properties

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