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.
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
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:
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