SOLD
Sold on 02 Feb 2024 for $6,100,000

183-185 Lake Street
Cairns City QLD 4870

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3559m2
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Property Details for 183-185 Lake St, Cairns City

Building Type
Commercial
Land Size
3559m2
Local Government
Cairns Regional
Lot/Plan
1/RP804445

Last Listing description (March 2018)

Resort Brokers ID : FH003556

53 rooms

Restaurant leased (60 seater)

Dual street frontage

Hospital precinct on the Cairns CBD fringe

Large reception area

Two in-ground swimming pools

New branding with Comfort Inn (Choice Hotels)

This is the best inner city location available to purchase

NB: Property inspections are by appointment only

Property History for 183-185 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$6,100,000
02 Feb 2024
  • 02 Feb 2024
    Sold for $6,100,000
  • 12 Jul 2023
    Listed for Sale $9,400,000
  • 05 Aug 2021
    Listed for Sale $8,000,000
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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 3,286 properties.

    There are currently 38 properties listed for sale, and 31 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 159 properties were sold in the past 12 months in Cairns city.

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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.