349/175 Lake StreetCairns City QLD 4870
Property Details for 349/175 Lake St, Cairns City
349/175 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit and was built in 1980. 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 February 2024. There are other 1 bedroom Unit sold in Cairns City in the last 12 months.
Last Listing description (April 2024)
Welcome to Unit 349/175 Lake Street in Cairns City, part of the 'CASCADE GARDENS' Holiday Apartments. This apartment is conveniently situated in the heart of Cairns City, within walking distance to the Esplanade, shops, and restaurants.
Key Features:
* Air-conditioned one-bedroom,
* One bathroom
* Balcony with a nice view
* Complex features a resort-style pool and BBQ area
* Total floor area of 52m
* Unallocated car park
* Close to Munro Martin Parklands
For those interested in investment, this property is ideal for short-term holiday letting in Cairns.
Investment Details:
Price: Offer over $175,000
Annual Rates: Approximately $2,900
Body Corporate Fee: Approximately $5,989.90 per year
Take advantage of this opportunity to invest in a conveniently located apartment in Cairns City.
Call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.
*Currently used as holiday letting
**Suitable for holiday letting and short stays.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 349/175 Lake St, Cairns City, QLD 4870
- 19 Feb 2024Sold for $179,000
- 29 Jan 2024Listed for Sale Offers over $178,000
- 25 Feb 2022Sold for $140,000
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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 3,345 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.
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