OFF MARKET

24/62-66 Abbott Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 70m2
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Last updated 11 Nov 2024
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Property Details for 24/62-66 Abbott St, Cairns City

24/62-66 Abbott St, Cairns City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 70m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Year Built
1995
Floor Size
70m2
Land Size
70m2
Local Government
Cairns Regional
Lot/Plan
24/BUP102725

Last Listing description (April 2023)

Therese Plath is delighted to present this stylish one bedroom boutique apartment which is situated in the heart of Cairns City which is walking distance to popular Esplanade, all the best restaurants nearby and everything else at your doorstep.

"Il Palazzo" is known for its boutique luxury style and invites investors to appreciate the magnificent location. The exquisite Latin style apartment and is one of 38 fully self contained boutique apartments which is located on the second floor overlooking the delightful pool and entertaining area. There is a central courtyard offering a wonderful atmosphere to dine away from pool area and enjoy the natural sunlight and casual surroundings.

The apartment is fully air conditioned and has open plan kitchen, dining and lounge area with separate bedroom, dual access to bathroom and living with tiled balcony which overlooks the resort style swimming pool.

This executive accommodation has lift, excellent on site managers and a superb range of facilities. There is also car accommodation included with this lovely apartment.

Body Corporate fees approximately $7,000 per annum
Cairns City Council fees - approximately $2,600 per annum

There has never been a better to time to immerse yourself in an outstanding investment and the inner-city lifestyle!

Asking price of offers over $189,000 considered - we welcome your enquiry.

Call Therese Plath for your very own private inspection today and make sure your next choice is the right choice - 0418 772 995 or email Therese at therese.plath@raywhite.com

Property History for 24/62-66 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$195,000
14 Mar 2023
  • 14 Mar 2023
    Sold for $195,000
  • 06 Mar 2023
    Listed for Sale Under Contract
  • 13 Jul 2011
    Listed for Sale $199,000 NEG
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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 3,346 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 48 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.