OFF MARKET

330/175 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 52m2
Land area: 43m2
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Property Details for 330/175 Lake St, Cairns City

330/175 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 43m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
1980
Floor Size
52m2
Land Size
43m2
Local Government
Cairns Regional
Lot/Plan
330/SP178241

Last Listing description (July 2022)

LOCATED IN THE HIGHLY SOUGHT-AFTER PERFORMING ARTS PRECINCT FOR HOLIDAY ACCOMMODATION AND THOSE WANTING THE PERFECT CITY BASE

EXCELLENT LOCATION, AFFORDABLE BODY CORPORATE, SOLAR POWER

This lovely studio apartment is an absolute gem. Set in a relaxed, quiet and shady location on the 2nd level surrounded by tropical palms and cool breezes.

On your doorstep - Esplanade and Parklands, Cairns Performing Arts Centre, Munro Martin Parklands, Cairns Aquarium entertainment, restaurants, markets, shopping, cinemas, waterfront dining, sports and activities, you just cannot get a better location that this.

5 minute walk to Cairns Private and public hospitals and City Mall, 5 minute drive to the Cairns Airport.

The perfect apartment for Investment or holiday home.

- Level 2 Studio floor plan
- Beautifully renovated bathroom
- Twinlock king bed/bases (can be made into two x single king beds)
- Split system air conditioner
- Inventory of furnishings
- Large communal laundry
- BBQ area with fridge
- Resort pool and spa
- Off street secure car parking
- Onsite management
- Resort lifestyle
- Solar power
- Very reasonable outgoings and healthy sinking fund

BODY CORPORATE: $5,000 approx per annum
RATES: $2,600 approx per annum
WATER: Approx $60 quarter
ELECTRICITY: Solar system - reduced electricity costs
NO. OF LOTS 48
DATE REGISTERED: 2005
SIZE OF LOT: 43M2
RENTAL: Council Zoning holiday/short term rentals 3 months

Phone Karen on 0438 324 207 to inspect this gorgeous investment, holiday home/city base apartment.

Karen Hartley
Cairns City and Waterfront Properties

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Property History for 330/175 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$140,000
16 Jun 2022
  • 16 Jun 2022
    Sold for $140,000
  • 10 Jun 2022
    Listed for Sale Under Contract
  • 03 Jan 2005
    Sold for $135,000

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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 3,353 properties. Over the last 5 years, Houses in Cairns City have seen a 30.97% increase in median value, while Units have seen a 47.41% increase. As at 31 July 2024:

  • The median value for Houses in Cairns City is $528,735 while the median value for Units is $484,978.
  • Houses have a median rent of $550 while Units have a median rent of $600.
There are currently 45 properties listed for sale, and 37 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 142 properties were sold in the past 12 months in Cairns city.

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