SOLD
Sold on 16 Aug 2023 for $250,000

34/62-66 Abbott Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 70m2
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Property Details for 34/62-66 Abbott St, Cairns City

34/62-66 Abbott St, Cairns City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 70m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 1 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
54m2
Land Size
70m2
Local Government
Cairns Regional
Lot/Plan
34/BUP102725

Last Listing description (September 2023)

Welcome to apartment 34, located in the highly sought-after Il Palazzo Boutique apartments, just one street back from the esplanade in the heart of Cairns. This top floor apartment presents an excellent opportunity for savvy buyers looking to invest in a holiday rental property or a permanent residence. Boasting a range of features and offering easy access to all the amazing attractions Cairns has to offer, this apartment is sure to impress!

Key Features:
? Top floor unit situated in a prime inner-city boutique hotel

? Fully furnished one-bedroom apartment on the third floor
? Spacious bedroom with en-suite bathroom
? Tidy kitchen equipped with electric cooking appliances
? Combined lounge and dining area for comfortable living
? Air-conditioned throughout for year-round comfort
? Dual access to the bathroom and living area for convenience
? Generously sized bathroom/laundry furnished with washer/dryer
? Secure car space for your peace of mind
? Within walking distance to the Night Markets, Esplanade & Lagoon, Marina, cafes & restaurants, public transport, and more
? Positioned in a complex offering a central courtyard, heated pool with gazebo & BBQ facilities, rooftop sundeck with lift, and an onsite residential manager for owners in the letting pool.

Current Rental Information: The property is currently tenanted, providing a steady rental income of $475 per week.

Rates $2,758 approx pa
Body Corp Fees $7,685 approx pa

Don't miss out on this fantastic opportunity to own a stylish inner-city apartment that offers both lifestyle and investment potential. Whether you're seeking a comfortable place to call home or a lucrative holiday let, apartment 34 ticks all the boxes.

Contact us today to arrange a private viewing or for further information.

Please note: All information is deemed reliable, but buyers are advised to conduct their own due diligence. Photographs have been virtually styled.

Property History for 34/62-66 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$250,000
16 Aug 2023
Listed for Rent
$350/w
23 Apr 2020
  • 16 Aug 2023
    Sold for $250,000
  • 04 Aug 2023
    Listed for Sale Not Disclosed
  • 30 Mar 2020
    Listed for Rent - Price not available
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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 3,283 properties.

    There are currently 34 properties listed for sale, and 32 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 161 properties were sold in the past 12 months in Cairns city.

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    Contact agent
    Naomi Scowcroft
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    Renee Straguszi
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    CAIRNS PROPERTY OFFICE
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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.