OFF MARKET

205/6 Lake Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 100m2
Land area: 108m2
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Last updated 11 Nov 2024
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Property Details for 205/6 Lake St, Cairns City

205/6 Lake St, Cairns City is a 2 bedroom, 2 bathroom Unit and was built in 2005. The property has a land size of 108m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Unit
Year Built
2005
Floor Size
100m2
Land Size
108m2
Local Government
Cairns Regional
Lot/Plan
205/SP183678

Last Listing description (May 2018)

Managed by Park Regis Hotels, the location of this 2 bedroom Dual key configured unit is ideal. Within easy walking distance of all the city has to offer and a home away from home. Your guests will love the experience too, positioned close to the corporate hub of Cairns CBD, Convention Centre and Reef Casino. The Dual Key Configuration enables the property to benefit from a double income stream and gives you the flexibility to utilise the property for that Tropical Holiday getaway while your guest pays the bill. The property is made up of a one bedroom unit with its own Lounge, kitchen, Dining area, Laundry, Bedroom, en-suite and large podium level balcony. A common lobby adjoins that leads to a separate Hotel style suite that has its own balcony and en-suite. Fully furnished and self - contained. Recently refurbished. BODY CORPORATE LEVIES APPROXIMATELY $8,400 PER YEAR , RATES APPROXIMATELY $2,400 PER YEAR .

Property History for 205/6 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$253,000
13 Apr 2018
Listed for Rent
22 May 2015
  • 13 Apr 2018
    Sold for $253,000
  • 09 Sep 2015
    Listed for Sale Not Disclosed
  • 11 May 2015
    Listed for Rent - Price not available
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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.
There are currently 34 properties listed for sale, and 45 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.