16/157-159 Grafton St, Cairns City is a 2 bedroom, 2 bathroom Unit with 10 parking spaces and was built in 2002. The property has a land size of 97m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Cairns City in the last 12 months.
This attractive 2 bedroom unit is situated in a small boutique complex and offers ideal accommodation for holiday letting. Set on the 2nd floor Open plan living and dining space opens to private balcony - Two spacious bedrooms, both with ensuites - Good sized kitchen with quality appliances including dishwasher - tiled floors in living, carpet in bedrooms - Air-conditioning and ceiling fans throughout - Internal laundry, Resort style pool and spa with BBQ area and sun loungers - Unbeatable position, walking distance to Esplanade and CBD secure off-street parking Part of "Getaway on Grafton" this apartment is approved for short term accommodation. Application can be made to the council to have this changed for owner occupier with fee applied (Material use for multiple dwellings change of development application) .
Body corporate fees $6,625.00 per annum
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 3,353 properties. Over the last 5 years, Houses in Cairns City have seen a 29.56% increase in median value, while Units have seen a 49.87% increase. As at 31 August 2024:
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