SOLD
Sold on 12 Apr 2024 for $295,000

41/62-66 Abbott Street
Cairns City QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 68m2
Land area: 68m2
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Property Details for 41/62-66 Abbott St, Cairns City

41/62-66 Abbott St, Cairns City is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 68m2 and floor size of 68m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Year Built
1995
Floor Size
68m2
Land Size
68m2
Local Government
Cairns Regional
Lot/Plan
41/BUP102725

Last Listing description (May 2024)

In the heart of Cairns City, you'll find yourself immersed in the vibrant energy of the city while enjoying the comfort and tranquillity of your Italian-inspired retreat. Apartment 41 is nestled in prime location with Ferris wheel and pool views facing the esplanade. This 1-bedroom fully furnished and self-contained apartment has been partially renovated and ready for you to move in straight away!

Key Features:

* Privately positioned located in a prime inner-city boutique hotel
* Fully furnished top floor apartment
* Brand new flooring, light fittings and recently painted
* Tidy and compact kitchen
* Combined lounge & dining area
* Split system Air-conditioning throughout
* Dual access to the bathroom and living area
* Large renovated bathroom with stylish black tap and shower fittings
* Separate laundry furnished with washer/dryer
* Secure Car Space
* Walking distance to the Night Markets, Esplanade & Lagoon, Marina, cafes & restaurants, public transport and more
* Positioned in a complex offering a central courtyard, heated pool with gazebo & BBQ, rooftop sundeck with lift and onsite residential manager for owners in the letting pool

Rates $2,900 approx pa
Body Corp Fees $8,600 approx pa
Rental Appraisal $500-$530 per week

All the options are there for you, live in, rent or holiday let this property! The choice is yours.

Don't miss out on this fantastic opportunity to own a stylish inner-city apartment that offers both lifestyle and investment potential. Whether you're seeking a comfortable place to call home or a lucrative holiday let, apartment 41 ticks all the boxes.

Please note: All information is deemed reliable, but buyers are advised to conduct their own due diligence.

Property History for 41/62-66 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$295,000
12 Apr 2024
  • 12 Apr 2024
    Sold for $295,000
  • 06 Apr 2024
    Listed for Sale Offers in the High $200s
  • 18 Jun 2021
    Sold for $189,000
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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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Contact agent
Naomi Scowcroft
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CAIRNS PROPERTY OFFICE
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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.