OFF MARKET

302/6 Lake Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 85m2
Land area: 116m2
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Last updated 18 Nov 2024
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Property Details for 302/6 Lake St, Cairns City

302/6 Lake St, Cairns City is a 2 bedroom, 2 bathroom Unit and was built in 2005. The property has a land size of 116m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2016.

Building Type
Unit
Year Built
2005
Floor Size
85m2
Land Size
116m2
Local Government
Cairns Regional
Lot/Plan
302/SP183678

Last Listing description (December 2017)

A rare dual occupancy investment opportunity in the heart of Cairns CBD, this one bedroom apartment plus studio embraces mountain views within 'City Quays'. It's dual key layout is perfectly structured to obtain dual rental incomes which maximises the rental return

- Unique dual key design perfect for dual occupancy and rental

- Spacious open plan living and dining area with tiled floors

- Outdoor flow to a balcony with spectacular elevated views

- Well appointed kitchen with adjacent concealed laundry

- Generous bedroom with built-ins, ensuite and balcony access

- Studio features kitchenette, bathroom and private balcony

- Air conditioning, ceiling fans, coded security entrance

- Undercover parking, makes great holiday letting investment

- Excellent leasing potential

- Premier address only a two minute walk to the Esplanade

Property History for 302/6 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$250,000
15 Nov 2016
  • 15 Nov 2016
    Sold for $250,000
  • 25 May 2016
    Listed for Sale Price guide over $269,000
  • 30 Jan 2016
    Listed for Sale FOR SALE, PRICE GUIDE OVER $290,000
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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 3,345 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.