FOR SALE
$395,000

1737/2-10 Greenslopes Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 131m2
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INVESTMENT - 2 BEDROOM APARTMENT - POPULAR LAKES RESORT COMPLEX - CAIRNS NORTH

This fully furnished, North facing 2-bedroom end apartment, is located on the first floor in the desirable Somerset Building within the picturesque Lakes Resort complex, it offers a perfect blend of comfort and resort-style living. The apartment features a spacious open-plan lounge and dining area, kitchen with granite bench top and air conditioning for year-round comfort. Both bedrooms feature brand new carpets for a fresh and cozy feel. Enjoy a private balcony with a leafy outlook, ideal for relaxation or entertaining. The apartment includes a single basement car space with cage storage.
Currently tenanted with a reliable tenant who has been in place for 7 years, the property generates a rental income of $470 per week, with a lease secured until August 2025. Rental appraisal $550-$580p.w.
Body corporate fees are $9,112 per year and 20% discount for prompt payment of levies which makes it $7,289 per year.
The Lakes Resort complex offers a wide range of high-quality facilities, including four in-ground pools with a spa, a sauna, eight BBQ areas, manicured gardens, a tennis court, and more. Enjoy peace of mind living in this secure, gated community, conveniently located just a short stroll from local restaurants, cafes, and the beautiful Botanic Gardens. Cairns city is only minutes away, providing easy access to urban amenities.

Property Details for 1737/2-10 Greenslopes St, Cairns North

1737/2-10 Greenslopes St, Cairns North is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 131m2. The place is currently for sale with PROFESSIONALS EDGE HILL.

Building Type
Apartment
Floor Size
131m2

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About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2011 was 4,444 people. By 2016 the population was 5,185 showing a population growth of 16.7% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation. In 2011, 29.8% of the homes in Cairns North were owner-occupied compared with 29.2% in 2016.

Cairns North has 3,983 properties. Over the last 5 years, Houses in Cairns North have seen a 39.39% increase in median value, while Units have seen a 64.59% increase. As at 30 November 2024:

  • The median value for Houses in Cairns North is $655,686 while the median value for Units is $397,972.
  • Houses have a median rent of $540 while Units have a median rent of $470.
There are currently 44 properties listed for sale, and 40 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 234 properties were sold in the past 12 months in Cairns north.

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Leveaux Gartner
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