OFF MARKET

11/157-159 Grafton Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 98m2
Land area: 136m2
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Property Details for 11/157-159 Grafton St, Cairns City

11/157-159 Grafton St, Cairns City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2002. The property has a land size of 136m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
Unit
Year Built
2002
Floor Size
98m2
Land Size
136m2
Local Government
Cairns Regional
Lot/Plan
11/SP153905

Last Listing description (August 2015)

One of just 24 apartments at Getaway on Grafton, this spacious 2 bedroom, 2 bathroom townhouse offers an attractive setting and is fully self-contained for holiday and short-term accommodation just a few blocks from the Esplanade and an easy walk to the Cairns CBD.
Freshly painted internally and with new carpet, this well maintained townhouse has been cleverly designed, with each of the two large bedrooms featuring its own ensuite. The master bedroom has its own private balcony, with a further balcony downstairs from the living area.
Downstairs is a well equipped kitchen and ample lounge and dining room with separate laundry and a third toilet tucked away. Fully furnished, the property comes with everything you see, including beds, whitegoods, lounge and television.

A history of high occupancy is certainly an advantage and with great reviews on TripAdvisor and on-site managers carefully looking after your investment, this is a rare opportunity to get into the Cairns CBD market and take advantage of future growth potential.
Getaway on Grafton offers 2 bedroom apartments and townhouses for self-contained holiday living, with secure parking and resort style pool. For more information on the complex see www.getawaycairns.com.au or call Tom Quaid, your local agent.
Built: 2002
Body Corp: $5200pa (approx.)
Rates: $2300pa (approx.)
Net Income: $12758 in 2014 (after all fees incl. rates and body corporate)

Property History for 11/157-159 Grafton St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$218,000
22 Jul 2015
  • 22 Jul 2015
    Sold for $218,000
  • 11 Apr 2015
    Listed for Sale $237,500
  • 11 Jan 2013
    Listed for Sale 230000
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About 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 3,346 properties. Over the last 5 years, Houses in Cairns City have seen a 27.27% increase in median value, while Units have seen a 51.97% increase. As at 31 October 2024:

  • The median value for Houses in Cairns City is $509,824 while the median value for Units is $540,509.
  • Houses have a median rent of $630 while Units have a median rent of $560.
There are currently 34 properties listed for sale, and 47 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 140 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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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.