10-12 Water StreetCairns City QLD 4870
Property Details for 10-12 Water St, Cairns City
10-12 Water St, Cairns City is a 5 bedroom, 3 bathroom House with 3 parking spaces and was built in 1950. The property has a land size of 506m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2016.
Last Listing description (May 2022)
PROFITABLE AIR BNB OPPORTUNITY
Inner City location within 100 meters to Cairns Central Shopping Centre and the CBD. This is a rare opportunity to acquire a unique two level Queenslander zoned mix use / multi dwelling flats.
- Currently configured as three dwellings, short term accommodation
- 506sqm block zoned for multi-unit development (flats)
- Side access with parking to rear, three kitchens/dining areas
- Five bedrooms, three bathrooms, moments walk to Cairns Central Shopping
- Partially air-conditioned with high ceilings through out
- Potential to improve or redevelop, excellent investment land bank opportunity
Rates: $8400 approx per year
Insurance: $4189 approx per year
Rental appraisal: $900 per week
Property History for 10-12 Water St, Cairns City, QLD 4870
- 11 Feb 2022Listed for Sale $850,000
- 30 Aug 2016Sold for $650,000
- 19 Aug 2016Listed for Sale Price guide over $650,000
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0About 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 3,283 properties.
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