OFF MARKET

36/71-75 Lake Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 49m2
Land area: 49m2
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Last updated 18 Nov 2024
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Property Details for 36/71-75 Lake St, Cairns City

36/71-75 Lake St, Cairns City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1996. The property has a land size of 49m2 and floor size of 49m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1996
Floor Size
49m2
Land Size
49m2
Local Government
Cairns Regional
Lot/Plan
36/BUP104375

Last Listing description (October 2023)

This 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!

This 49m2 fully furnished and self-contained 1-bedroom apartment greets you with a
open-plan design seamlessly combining the living, dining,
and kitchen areas, flowing effortlessly onto the balcony for those afternoon sunsets

Perfectly positioned in the heart of Cairns the Inn Cairns Boutique Apartments.
is perfect for the business professional or holiday stayer.
An ideal investment, with high returns. This property can continue being holiday let through Inn Cairns Boutique Apartments or managed by a third party, rented privately, or lived in the flexibility is yours!

Key Features:

- Fully furnished with modern furnishings
- Private balcony with shutters for privacy, whilst still allowing the afternoon breeze in
- Full functioning and self-contained kitchen with appliances
- Fully Air conditioned and spacious tiled and carpet living area
- Comfortable and spacious "all in one ensuite"
- Internal laundry with full size appliances
- Secure underground parking
- Stunning tropical pool and BBQ facilities in the centre of the complex
-24 hour On site Management

Rental Appraisal $520-$550 per week
Rates $2,918 approx pa
Body Corp $7,333 approx pa
Statement summaries are available upon request.

With its prime location, this property is within walking distance to the city's esplanade, shops, and finest restaurants.

Contact Naomi today to schedule a private viewing.

Property History for 36/71-75 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$207,500
04 Oct 2023
  • 04 Oct 2023
    Sold for $207,500
  • 28 Sep 2023
    Listed for Sale Offers Over $224,000
  • 30 Aug 2019
    Sold for $132,000
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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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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.