FOR SALE
Offers over $820,000

5 Law Street
Cairns North QLD 4870

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Land area: 658m2
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Two Dwellings on One Title - An Exceptional Opportunity to Invest

Tucked away in a peaceful street, just minutes from the CBD and the Esplanade, 5 & 5a Law Street, Cairns North offers two stunning homes on a single title with endless possibilities. Whether you're a large family seeking privacy while living close, or an investor looking for dual income from one purchase, this tropical retreat could be perfect for you.
Currently set up as two separate Airbnbs, the front home is a charming, fully renovated low-set cottage, while the rear features a modern, high-set house on steel stumps - Both are presented beautifully and have their own driveway/entrance.
Key Property Features:
- Two separate dwellings with separate entrances (currently set up as Airbnb)
- 658m² fully fenced block
- Close to the CBD and Cairns International Airport
- Fully fenced
- Can be subdivided (with council approval): Freehold lots or Strata title
Cottage (5):
- Completely refurbished with a new roof
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Property Details for 5 Law St, Cairns North

5 Law St, Cairns North is a 4 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 658m2. The place is currently for sale with One Stop Property.

Building Type
House
Land Size
658m2

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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 3,944 properties. Over the last 5 years, Houses in Cairns North have seen a 36.51% increase in median value, while Units have seen a 62.05% increase. As at 31 October 2024:

  • The median value for Houses in Cairns North is $644,909 while the median value for Units is $392,455.
  • Houses have a median rent of $575 while Units have a median rent of $470.
There are currently 40 properties listed for sale, and 35 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 4870

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Nickoli Obersky
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Sam Holt
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One Stop Property
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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.