SOLD
RECENT ADVICE
Sold on 17 Jul 2024 for $201,000

347/175 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 347/175 Lake St, Cairns City

347/175 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Local Government
Cairns Regional
Lot/Plan
347/SP178241

Last Listing description (July 2024)

DISTINCT
Whether you're seeking a holiday retreat or exploring Inner City investment opportunities, this one-bedroom apartment in the Cascade Gardens complex is perfect.
Guests of Cascade Gardens enjoy access to landscaped gardens, a pool, secure parking, and 24/7 onsite Manager.

Located inner-city, the Cascade Gardens complex is close to cafes, restaurants, shops, and cultural attractions, with excellent public transport links. It's a great choice for investors offering high yields in a prime location.

THE FACTS
- Well Appointed Furnished One Bedroom Apartment
- Large Fully Air-conditioned Open Plan Living and Dining
- Western Facing Balcony with Views over the Macalister Range
- Well Appointed Kitchen with Servery
- Large Bedroom with Built In Robes
- Bathroom with Separate Laundry
- Build Year : 1980
- Council Rates : Approx. $2900 / year
- Body Corporate : $5335.88 / year
- Income Statements available on request

These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the property’s potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs.

Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.

Property History for 347/175 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$201,000
17 Jul 2024
  • 17 Jul 2024
    Sold for $201,000
  • 25 Jun 2024
    Listed for Sale SOLD by David Galloway-Penney
  • 30 Aug 2021
    Sold for $127,000
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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.

Suburb Insights for Cairns City 4870

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David Galloway-Penney
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Andrew Thornton
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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.