SOLD
Sold on 24 Mar 2024 for $545,000

404/5-7 Abbott Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 104m2
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Cairns Key Real Estate
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Property Details for 404/5-7 Abbott St, Cairns City

404/5-7 Abbott St, Cairns City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 104m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
110m2
Land Size
104m2
Local Government
Cairns Regional
Lot/Plan
404/SP145477

Last Listing description (April 2024)

This outstanding two-bedroom, one-bathroom apartment oozes affordable luxury and style in the heart of Cairns CBD boasting magnificent views to the Trinity Inlet and spans the 4th and 5th floors of the centrally located Madison On Abbott Complex.

Walk to your favourite Restaurants, Cafes, Bars, Hemingway's Brewery, Casino, Esplanade Lagoon, Cairns Central Shopping Centre, and fresh local produce stalls at Rusty's Markets or sit back on your balcony and enjoy the tranquil inlet activity of cruise ships and watercraft going about their day. It's a perfect home base or an attractive holiday rental.


Downstairs:-
- Functional kitchen, stone bench tops, dishwasher, electric cook top & oven, ` shoulder height microwave positioning plus ample cupboard & storage space
- Convenient powder room for guests.
- Water Views from the living and kitchen areas which expand through open
sliding doors to outdoor balcony for entertaining and relaxing.

Upstairs:-
- Two spacious bedrooms both with exceptional water views and built-in wardrobes sharing spacious floor to ceiling tiled bathroom with vanity, spa bath/shower, and toilet.
- New carpet, new split system air conditioning, new stylish ceiling fans
- Separate laundry nook includes washing machine & dryer with a separate linen cupboard
- Allocated car park, ensuring easy and secure access to your residence.
- Exceptional views overlooking the Trinity Inlet, Cruise Ship Terminal.
- Lift access
- Large entertainment bbq area on 10th floor with panoramic views.
- Swimming pool with shower & toilet facilities.
- Body Corporate Fees - $7,802 per annum
- Rates- $2,918 per annum

Don't miss your chance to call this apartment your own.
Contact Junelle today to organise a viewing!

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Property History for 404/5-7 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$545,000
24 Mar 2024
  • 24 Mar 2024
    Sold for $545,000
  • 11 Jan 2024
    Listed for Sale Offers over $578,000
  • 24 Feb 2017
    Sold for $430,000
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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 45 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.

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