2/157-159 Grafton StreetCairns City QLD 4870
Property Details for 2/157-159 Grafton St, Cairns City
2/157-159 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 127m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in January 2020.
Last Listing description (March 2020)
Walking distance to the Cairns CBD and less than 100m from the Munro Martin Parklands and its adjacent Cairns Performing Arts Centre, this attractive 2 bedroom townhouse is in a small boutique complex and offers ideal accommodation for holiday letting.
Set on the 1st and 2nd floors with views over the surrounding area, the apartment offers open plan living and dining downstairs, with full kitchen, laundry and balcony overlooking the streetscape.
Upstairs, both bedrooms are ensuited, with the master to the front enjoying its own balcony and views.
Part of "Getaway on Grafton" this apartment is approved for short term accommodation only and is ideally suited for the same, with on-site management in place to assist.
Currently tenanted at $1600/month on a periodic lease there is flexibility should you prefer more traditional holiday letting or AirBnB style usage, while maintaining a Pied-a-Terre when staying in Cairns yourself. Unfortunately this property is NOT suitable for permanent owner occupation.
For more information or to arrange an inspection, contact Tom Quaid at Quaid Real Estate.
Property History for 2/157-159 Grafton St, Cairns City, QLD 4870
- 31 Jan 2020Sold for $232,000
- 11 Oct 2019Listed for Sale $245,000
- 01 Dec 2012Listed for Sale Not Disclosed
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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 3,345 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.
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