SOLD
RECENT ADVICE
Sold on 07 Aug 2024 for $580,000

13/77 Spence Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 154m2
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Property Details for 13/77 Spence St, Cairns City

13/77 Spence St, Cairns City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 154m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Land Size
154m2
Local Government
Cairns Regional
Lot/Plan
13/SP158030

Last Listing description (August 2024)

Spanning across 2 levels of sought after CBD real estate, apartment 13 in the coveted Beaumont on Spence development, oozes a European cool that seamlessly blends a chic contemporary style with generous proportions and a surprising level of privacy. Welcome home.

*The vendor reserves the right to accept offers prior to the EOI end date*

The Facts:

- Expansive, open plan living kitchen and dining space
- Multiple living options through-out
- Two Large balconies complimented with existing utilities
- Renovated kitchen, exceptional versatility and storage
- Tiled through-out, split system air-conditioning through-out
- Incredibly spacious bedrooms with an abundance of storage
- Separate study with built in cabinetry
- Secure complex with onsite management
- Secure covered parking with lockup storage room
- Impeccably convenient CBD location, walking distance to everything

The Figures:
- Body Corp Fees: $7,568 p/y
- Council rates approx $2900 p/y
- Rental appraisal $620 plus per week (unfurnished)
- Holiday let return estimates available on request
- Built 2003
- Small complex of just 18

With an impeccable position, literally across the road from shopping, dining, cafes and entertainment, Beaumont on Spence is so well situated that you may as well sell your car.

Blending an ultra-convenient CBD location with a floor space that is usually reserved for Penthouses or free standing homes, this enormous, 2 story apartment is the ultimate city centre "pad".

For added versatility, there is also an onsite manager within the development and the ability to put the property into the profitable holiday let scheme. Making this standout apartment, the perfect option for those not just looking for a CBD home, but an excellent investment opportunity as well.

For all inquiries, call Tim Lyon on 0400 355 706

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Property History for 13/77 Spence St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$580,000
07 Aug 2024
Listed for Rent
$620/w
10 Jul 2023
  • 25 Jul 2024
    Sold for $580,000
  • 19 Jul 2024
    Listed for Sale SOLD BY TIM LYON
  • 28 Jun 2023
    Listed for Rent $620 / week
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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 3,330 properties. Over the last 5 years, Houses in Cairns City have seen a 28.68% increase in median value, while Units have seen a 46.21% increase. As at 30 September 2024:

  • The median value for Houses in Cairns City is $512,156 while the median value for Units is $493,046.
  • Houses have a median rent of $600 while Units have a median rent of $560.
There are currently 33 properties listed for sale, and 44 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 132 properties were sold in the past 12 months in Cairns city.

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Tim Lyon
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Twomey Schriber Property Group
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