SOLD
RECENT ADVICE
Sold on 23 Sep 2024 for $880,000

703/27-29 Wharf Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 114m2
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Property Details for 703/27-29 Wharf St, Cairns City

703/27-29 Wharf St, Cairns City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Floor Size
114m2
Local Government
Cairns Regional
Lot/Plan
703/SP164485

Last Listing description (September 2024)

Welcome to one of the most desirable locations in all of FNQ. A development so sought after and with one of the longest average tenure's for a residential address in all of Cairns, the residents of the iconic "Jack and Newell" development most uttered phrase (*probably), is "I wont be leaving until its in a pine box!"

You don't have to wait forever to secure your future at this prestigious property, you just have to be quick. Your search is over, welcome home.

*Virtual tours available on request for buyers not located in Cairns*

The Facts -
- Exceptionally high performing holiday let facility on-site (returns available on request)
- Stunning, waterfront location with eye level views of Trinity Inlet
- Idyllic South Easterly aspect for the morning sun and year round breezes
- Most private floor plan available in complex
- Massive balcony, perfect for entertaining
- Immaculate condition with numerous cosmetic upgrades
- Split system air-conditioning throughout
- Additional storage room and secure parking
- Sold fully furnished

The Bottom Line
- Body Corp $8,312 per year
- Council Rates $2,950 approx. p/y
- Long term rental appraisal $850 plus per week

Maintained to the highest of standards and complemented with an exceptional floor plan, apartment 703 presents exactly as a luxury, waterfront property should. Complete with a few additional features and benefits that are so much more than surface deep, this exceptional property is a truly incredible opportunity. Not just for those looking for luxurious apartment living, but also for those looking to draw an impressive income from a highly regarded and very sought after holiday location that you can enjoy as well.

Who says you can't have your cake and eat it too.

For all enquiries or to book your private inspection, contact Tim Lyon, today on 0400 355 706.

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 History for 703/27-29 Wharf St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$880,000
23 Sep 2024
  • 23 Sep 2024
    Sold for $880,000
  • 04 Sep 2024
    Listed for Sale SOLD BY TIM LYON
  • 11 Mar 2013
    Sold for $500,000
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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 3,330 properties. Over the last 5 years, Houses in Cairns City have seen a 28.68% increase in median value, while Units have seen a 46.21% increase. As at 30 September 2024:

  • The median value for Houses in Cairns City is $512,156 while the median value for Units is $493,046.
  • Houses have a median rent of $600 while Units have a median rent of $560.
There are currently 33 properties listed for sale, and 44 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Contact agent
Tim Lyon
Show contact details
Twomey Schriber Property Group
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.