FOR SALE
Offers in High $300s

37/62-66 Abbott Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 70m2
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Top-Floor Urban Apartment with Premium Inner-City Parking at IL PALAZZO

Experience the vibrancy of city living with this standout top-floor apartment in the highly sought-after Il Palazzo, right in the heart of Cairns.
Perfectly positioned, this spacious 70m² 1-bedroom, 1-bathroom apartment blends modern urban style with practical features, including a dedicated car park, and offers flexible living options. Whether you choose to live in permanently, lease it for long-term tenancy, or utilize it as a holiday let, this property is a prime investment opportunity.
PROPERTY HIGHLIGHTS:
• Prime Location: Situated in the coveted Il Palazzo, offering unparalleled access to the city’s amenities, dining, and entertainment.
• Spectacular Views: Enjoy breathtaking views of the Esplanade and the Ferris wheel right from your living space.
• Urban Refurbishment: Recently refurbished with a contemporary urban feel, featuring fresh paint and new timber grain panel flooring.
• Top-Floor Advantage: Benefit from the tranquility and exclusivity of being on the top floor, with added privacy and reduced noise.
• Dedicated Car Space: A standout feature – secure, inner-city parking which is a rare find and a significant bonus in this location.
• Modern Interiors: Open-plan living area that is bright and spacious, complemented by a well-appointed kitchen, stylish bathroom, and internal laundry.
• Fully Furnished: Move in or rent out with ease, as the apartment comes fully furnished, adding convenience and immediate appeal.
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Property Details for 37/62-66 Abbott St, Cairns City

37/62-66 Abbott St, Cairns City is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 70m2. The place is currently for sale with CAIRNS PROPERTY OFFICE.

Building Type
Apartment
Land Size
70m2

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About Cairns City 4870

The size of Cairns City is approximately 2.1 square kilometres. It has 3 parks covering nearly 6.3% of total area. The population of Cairns City in 2011 was 2,180 people. By 2016 the population was 2,739 showing a population growth of 25.6% in the area during that time. The predominant age group in Cairns City is 20-29 years. Households in Cairns City are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cairns City work in a professional occupation. In 2011, 45.6% of the homes in Cairns City were owner-occupied compared with 46.4% in 2016.

Cairns City has 3,353 properties. Over the last 5 years, Houses in Cairns City have seen a 29.56% increase in median value, while Units have seen a 49.87% increase. As at 31 August 2024:

  • The median value for Houses in Cairns City is $521,898 while the median value for Units is $498,346.
  • Houses have a median rent of $550 while Units have a median rent of $580.
There are currently 43 properties listed for sale, and 37 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 138 properties were sold in the past 12 months in Cairns city.

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