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903/5-7 Abbott Street
Cairns City QLD 4870

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 288m2
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LUXURIOUS DUEL LEVEL PENTHOUSE IN CBD

Step into the pinnacle of urban living with this exceptional penthouse apartment, perfectly situated in the heart of Cairns CBD. Spanning over two levels, this unique property offers an unparalleled city living experience, with breathtaking views of Trinity Inlet and Cairns Harbour, along with easy access to the Esplanade, Lagoon, boutique shops, vibrant restaurants, the Casino, and Hemingway's Brewery.
This extraordinary approximate 288 sqm property features four generously sized bedrooms, each with split-system air conditioning and built-in robes. The master suite on the lower level offers an ensuite bathroom and direct access to the balcony. Two additional bedrooms on this level provide ample space for family or guests and are serviced by a second bathroom and a separate laundry.
The contemporary kitchen is designed with entertaining in mind, seamlessly connects to the open-plan living and dining areas, creating a harmonious flow for gatherings and everyday living. A clever feature of this space is the bi-folding wall adjoining the middle bedroom, which can be opened to create an extended living area. The downstairs balcony offers a peaceful outdoor space to enjoy the captivating views, whether you're sipping your morning coffee or winding down with a glass of wine.
Ascending the internal spiral staircase, you'll discover the ultimate penthouse retreat on the top level. Spread over more than 170 sqm, the upper level is a haven of versatility which includes a large private master bedroom and also features an additional lounge area, extensive storage cupboards, a third bathroom, and an additional powder room with 4th toilet.
The enormous exclusive-use rooftop terrace is a true showstopper, complete with an outdoor kitchenette, perfect for alfresco dining or entertaining. With uninterrupted, stunning ocean, city and mountain views, this massive space provides an unbeatable setting making for unforgettable gatherings or relaxation in a truly breathtaking setting.
This property is currently being utilised as a successful holiday let, boasting high occupancy rates and excellent returns. With a short lead time, it can easily be transitioned to either owner-occupancy or a permanent rental within 90 days, offering flexibility.
The Madison on Abbott complex is well maintained and offers a range of amenities designed for both comfort and convenience. Enjoy an elevated entertaining experience with the added luxury of a spacious 10th-floor common area balcony, offering spectacular views and a convenient BBQ facility-perfect for year-round gatherings. Additionally, the pool area includes the practicality of a bathroom and separate toilet, ensuring a seamless outdoor experience. Enjoy peace of mind with secure features, including a 2 car remote-controlled garage space and a modern scan-in lobby for added convenience and safety.
This is a once in a lifetime opportunity to purchase a property in the heart of the city, offering space as big as a house without all the maintenance. Contact us to arrange an inspection

Property Details for 903/5-7 Abbott St, Cairns City

903/5-7 Abbott St, Cairns City is a 4 bedroom, 3 bathroom Apartment with 2 parking spaces. The property has a floor size of 288m2. The place is currently for sale with Hunt Realty.

Building Type
Apartment
Floor Size
288m2

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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 3,412 properties. Over the last 5 years, Houses in Cairns City have seen a 31.02% increase in median value, while Units have seen a 46.95% increase. As at 30 November 2024:

  • The median value for Houses in Cairns City is $508,907 while the median value for Units is $530,497.
  • Houses have a median rent of $535 while Units have a median rent of $560.
There are currently 32 properties listed for sale, and 46 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 144 properties were sold in the past 12 months in Cairns city.

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Lisa Hunt
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