SOLD
Sold on 10 Sep 2024 for $575,000

311/1 Marlin Parade
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 63m2
Land area: 55m2
Sold By
Cairns Property Office - Cairns City
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Property Details for 311/1 Marlin Pde, Cairns City

311/1 Marlin Pde, Cairns City is a 1 bedroom, 1 bathroom Unit and was built in 2007. The property has a land size of 55m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Year Built
2007
Floor Size
63m2
Land Size
55m2
Local Government
Cairns Regional
Lot/Plan
311/SP172972

Last Listing description (October 2024)

Step into luxury with this beautifully refurbished 1-bedroom apartment on the third level of Cairns' most esteemed absolute waterfront development, Harbour Lights. Spanning 63m2, this spacious and fully furnished inner-city pad boasts a magnificent south-easterly aspect, offering breathtaking views of Trinity Inlet and unparalleled sunrises.

Cairns is currently experiencing a surge in property demand, making this an excellent time to invest. With its growing appeal as a top tourist destination and its ongoing infrastructure developments, the region promises strong capital growth and attractive rental yields. This property offers a remarkable 10% gross return on investment in a holiday letting pool, making it a standout opportunity in a high-demand market.

PROPERTY HIGHLIGHTS:

- Fully Furnished Elegance: Enjoy modern finishes and stylish furnishings throughout this move-in-ready apartment. Sheer ceiling-to-floor curtains add elegance and allow you to enjoy the water views even when they are drawn.

- Spacious Master Bedroom: Features a king-size bed, built-in mirrored wardrobe, bedside tables, and a wall-mounted TV for ultimate comfort and convenience.

- Two-Way Bathroom: Includes a modern shower and is fully tiled for easy maintenance. It offers dual access for added privacy and convenient guest use.

- Convenient Internal Laundry: Comes equipped with a washing machine and dryer, along with an additional storage cupboard for all your laundry needs.

- Advanced Ducted Air Conditioning: A comprehensive system ensures consistent and efficient climate control throughout the apartment.

- Open-Plan Living: The living and dining areas seamlessly connect to the kitchen, creating a harmonious space for relaxation and entertaining.

- Intimate Balcony with Direct Waterfront Views: Relax on the balcony, which offers a direct connection to the breathtaking waterfront and allows you to fully appreciate the beautiful views of Trinity Inlet.

- Resort-Style Amenities: Access to a resort pool, BBQ area, and gym and sauna facilities for ultimate leisure and convenience.

- Pet Friendly: Enjoy the flexibility of a pet-friendly environment.

BODY CORPORATE FEES: $7,654 approx pa
RATES: $2,900 approx pa
RENTAL APPRAISAL long tem lease : $600 pw
FINANCIALS UPON REQUEST:

PRIME LOCATION:

Located in the heart of Cairns City, you're just footsteps away from a vibrant array of restaurants, coffee shops, the casino, and all the conveniences of city living. The location of Harbour Lights is unmatched and irreplaceable, offering the best of waterfront living with easy access to local attractions.

LIVE THE DREAM:

Whether you're looking to invest in a thriving market, find a perfect weekend retreat, or make this your permanent home, Harbour Lights offers a unique lifestyle opportunity. Contact me today to schedule an inspection and experience waterfront living at its best!

Seize the opportunity to invest in Cairns' flourishing real estate market at Harbour Lights.

Property History for 311/1 Marlin Pde, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$575,000
10 Sep 2024
  • 10 Sep 2024
    Sold for $575,000
  • 30 Aug 2024
    Listed for Sale Offers In the High $500s
  • 25 Nov 2022
    Sold for $380,000
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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 47 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.

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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.