FOR SALE
Offers in the Low $300s

30/257-259 Lake Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 62m2
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Invest, or Holiday – Your Gateway to Cairns Living

Introducing Apartment 30, nestled in the highly desirable Central Plaza Hotel. This exceptional property offers a unique opportunity for buyers seeking a prime investment in the heart of Cairns. Whether you're looking for a holiday rental, or simply a savvy investment, this apartment provides endless possibilities with easy access to the city's best attractions.
Spanning 62m², this fully furnished and self-contained 1-bedroom apartment is designed for comfort and convenience. The open-plan living area seamlessly combines the lounge, dining, and kitchen spaces, leading to a private balcony where you can unwind and enjoy the sunset.
Situated directly opposite Cairns Base Hospital, this apartment offers great convenience for healthcare professionals or anyone seeking proximity to medical services. Additionally, being just one block from the Esplanade, you’ll be within walking distance of the city's vibrant waterfront, restaurants, and shops. The apartment is ideal for professionals, holidaymakers, or those looking for a city-centric lifestyle. With its flexible rental options, high returns, and prime location, it is the perfect addition to any investment portfolio.
The property also benefits from on-site management, ensuring that the apartment is well-maintained, whether used as a holiday rental or a long-term residence. Alternatively, if you prefer, you can arrange external management for added flexibility. Enjoy the lush tropical gardens surrounding the complex, enhancing the sense of relaxation and providing a tranquil retreat in the heart of the city.
KEY FEATURES:
• Fully furnished, providing all the essentials for convenient living
• Private balcony, offering seclusion and refreshing natural breezes
• Well-equipped kitchen with full-sized appliances for self-sufficiency
• Spacious, fully air-conditioned living area with tiled floors
• Sleek "all-in-one" ensuite bathroom for ease and functionality
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Property Details for 30/257-259 Lake St, Cairns North

30/257-259 Lake St, Cairns North is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a land size of 62m2. The place is currently for sale with CAIRNS PROPERTY OFFICE.

Building Type
Apartment
Land Size
62m2

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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.

Suburb Insights for Cairns North 4870

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Naomi Scowcroft
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CAIRNS PROPERTY OFFICE
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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.