333/175 Lake StreetCairns City QLD 4870
Property Details for 333/175 Lake St, Cairns City
333/175 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 52m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Last Listing description (December 2014)
HASSLE FREE INVESTMENT WITH OUTSTANDING RETURN
This fully furnished and air conditioned mid floor one bedroom apartment (not studio!) is an indisputably sensational investment opportunity!
Having its own internal laundry, private balcony overlooking quiet street, upgraded with quality furniture and appliances, and managed by our agency with short term tenancies (3 month extendable leases), returning $300 per week makes this beauty a perfect buy for the one with a keen eye for value.
This is the perfect easy investment apartment - and the future market is looking fantastic!!
The central location allows guests quick easy access to all that tropical Cairns has to offer: the city and esplanade, the buzz of nearby restaurants and the stunning Cairns Lagoon and water playground. Guests have the opportunity to enjoy the lovely pool with private surrounds, the spa or the well appointed BBQ area.
Don't think I should tomorrow - think I will today!
Genuine seller is after a quick sale and calling for offers now!
AT A GLANCE FEATURES:
- Short Term Rental (higher returns)
- Quality property management
- Central Location
- Sought after mid floor unit
- Fully Furnished, air conditioned, well appointed
- Internal laundry
- Private balcony
- Spacious pool and BBQ area
- Suit business and tourist market
- Walking distance to splendid Cairns Esplanade
- Close to hospital and medical facilities
- Close to City Center and all amenities
- Secure private parking
Additional feature/s - Internal laundry.
Property History for 333/175 Lake St, Cairns City, QLD 4870
- 05 Jan 2015Sold for $110,000
- 03 Oct 2014Listed for Sale $120,000
- 01 Oct 2014Listed for Rent $300 / week
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0About 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.
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