OFF MARKET

10-12 Water Street
Cairns City QLD 4870

Bedrooms: 5
Bathrooms: 3
Car spaces: 3
Floor area: 51m2
Land area: 506m2
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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.

Building Type
House
Year Built
1950
Floor Size
51m2
Land Size
506m2
Local Government
Cairns Regional
Lot/Plan
2/RP718232

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

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Property History for 10-12 Water St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$650,000
30 Aug 2016
Listed for Rent
$525/w
25 May 2015
  • 11 Feb 2022
    Listed for Sale $850,000
  • 30 Aug 2016
    Sold for $650,000
  • 19 Aug 2016
    Listed for Sale Price guide over $650,000
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