Lake Street
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About this property
Superbly located in a prime location adjacent to Cairns Hospital and one block from the iconic Cairns Esplanade. This fully furnished & self-contained 1 bedroom apartment located on the first floor is designed for comfort and convenience with open-plan living area, outdoor balcony and laundry cupboard. Inviting inground pool and entertainment area in complex and unallocated car parking underneath the building. Currently leased back by on-site managers till September 2027, this property is delivering steady returns. It's a set and forget investment in a consistently high-demand location. Investment income strategy can be changed once lease expires. Rates: Approx. $3,270 p.a. (approx) Body Corporate Fees: $6,680 p.a. (approx) This premium location attracts healthcare professionals, corporate travellers, and families alike-making it an investment opportunity with real staying power. CLOSE BY: • Cairns Private Hospital • Tennis courts, skate park & leafy parklands • Trendy cafés & restaurants • The Esplanade boardwalk, Lagoon & waterfront precinct • Cairns CBD - approx. 5-minute walk Don't wait - Secure this apartment now! These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the property's potential and should not be relied upon as a basis for making decisions about purchasing or renting. Prospective buyers or tenants should conduct their own due diligence, including inspection and verification of property features and conditions. RE/MAX Real Estate Services is not responsible for any errors, inaccuracies, or misrepresentations in the photographs. RE/MAX Real Estate Services is a licensed real estate agency. We are not licensed builders, inspectors, or valuers, and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or currency of the information and disclaim all liability in respect of any errors, inaccuracies, or misstatements contained herein. It is not intended as building, pest, planning, or other professional advice and should not be construed or relied upon as such. Prospective purchasers must undertake their own due diligence, make their own enquiries, and conduct the necessary searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature, you should consider the appropriateness of the information having regard to your circumstances and seek advice from the relevant independent advisors.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Land Area
- 62 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Cairns North
This 1-bedroom apartment in Cairns North, QLD 4870 sits within reach of public transport, local shops and nearby schools. It is listed 47% below the $550,000 median of 58 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) — 263 m away
- Liquorland — 314 m away
- Unnamed — 118 m away
- Les Davie Park — 166 m away
- Unnamed — 325 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 1 bed
Compound growth +15.7% / yr over 4 yrs
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Full Cairns North marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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