OFF MARKET

404/123-131 Grafton Street
Cairns City QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 123m2
Land area: 157m2
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Property Details for 404/123-131 Grafton St, Cairns City

404/123-131 Grafton St, Cairns City is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 157m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
2007
Floor Size
123m2
Land Size
157m2

Last Listing description (April 2022)

Occupying a commanding position on the 4th floor of the superbly located Marquis on Grafton, this spacious, contemporary apartment provides luxury city living in a highly sought after complex. Encompassing 157m2 of total floor space, the layout includes three bedrooms and a generously proportioned balcony that captures gentle sea breezes and wonderful views over the CBD. With reasonable body corporate fees, high quality finishes throughout and a truly unbeatable location, this expansive property offers options for both lifestyle and investment.

- Open plan interior living spaces with views and natural light
- Large balcony overlooking the pool with plenty of room to entertain

- Beautifully appointed kitchen with high quality appliances
- Two sizeable bedrooms with access to balcony, plus third or large study
- Elegant neutral decor with tiled and carpet floor coverings
- Prime elevated position within the apartment complex
- Secure complex with garage space, pool, BBQ area, gym & spa
- Currently rented for $610pw tenanted until Jan 2022
- Very reasonable body corporate fees of $7,580.43 per annum

Property History for 404/123-131 Grafton St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$579,000
22 Dec 2021
  • 22 Dec 2021
    Sold for $579,000
  • 09 Dec 2021
    Listed for Sale Under Contract
  • 16 Jul 2019
    Sold for $490,000
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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 3,353 properties. Over the last 5 years, Houses in Cairns City have seen a 29.56% increase in median value, while Units have seen a 49.87% increase. As at 31 August 2024:

  • The median value for Houses in Cairns City is $521,898 while the median value for Units is $498,346.
  • Houses have a median rent of $550 while Units have a median rent of $580.
There are currently 40 properties listed for sale, and 37 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 137 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.