206 Grafton StreetCairns City QLD 4870
Property Details for 206 Grafton St, Cairns City
206 Grafton St, Cairns City is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 263m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2005.
Last Listing description (April 2022)
You're welcome to inspect 206 Grafton Street, Cairns City.
Step back in time and book your inspection now! This property is one of the few Queenslanders left in the CBD. Perfectly located only two blocks away from the Cairns Esplanade and close to everything, this fantastic property has a lot to offer!
This wonderful home has the potential for split living with a unique layout. The home would accommodate generational living, parent, and teenage retreats and much more.
Main Features:
263 m2 city block
Corner block (Grafton Street / Upward Street)
Walking distance from shopping center and CBD
Fully fenced (New fence)
New roof
New staircase
Three bedrooms with potential for the fourth one
Two bathrooms
Two living areas
Two car spaces plus plenty of car spaces off the street
Storage
Double entrance (one from Grafton Street and the other from Upward Street)
Potential for dual living (Separately metered already)
Title is currently commercial and residential
In detail features downstairs:
One Bedroom open living with potential for the second bedroom to be added
One bathroom
Kitchen
Living/Dining area
Carport
Storage
In detail features upstairs:
Two bedrooms with potential for the third bedroom to be added
One bathroom
Kitchen
Large living / dining area
Sunroom
This property has a lot of potentials such as:
Investment opportunity thanks to the location and the possibility to do Airbnb accommodation
Potential for dual living (Upstairs/Downstairs)
Potential to have your studio (Yoga, Pilates, Etc.) downstairs and live upstairs
For investors:
Rates: $2,950 approximately per year
Landlord Insurance: $439 approximately
Rental appraisal: $280-300 per week downstairs & $380 - $410 per week upstairs (Estimate only)
Potential Rental Yield:5% (Estimate only)
Potential Holiday Letting Yield: 9% (Estimate only)
Call Claudio now to organise your private inspection a notice of 24 hours is needed to inspect the property.
* Currently rented until early March 2022
**Photos have been digitally cleared for the tenant's privacy
***Please note the potential are suggestions of what the property could be and might require you to seek approvals and carry out some works to the home**
Property History for 206 Grafton St, Cairns City, QLD 4870
- 09 Dec 2021Listed for Sale Offer over $649,000
- 08 Sep 2011Listed for Rent - Price not available
- 14 May 2011Listed for Rent - Price not available
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0About 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 3,353 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:
- The median value for Houses in Cairns City is $521,898 while the median value for Units is $498,346.
- Houses have a median rent of $550 while Units have a median rent of $580.
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