OFF MARKET

5/149-151 Sheridan Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 72m2
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Last updated 18 Nov 2024
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Property Details for 5/149-151 Sheridan St, Cairns City

5/149-151 Sheridan St, Cairns City is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 72m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
1977
Floor Size
67m2
Land Size
72m2
Local Government
Cairns Regional
Lot/Plan
5/BUP70070

Last Listing description (March 2022)

This cool & funky, 2-bedroom, 1 bathroom apartment is situated right in the heart of the city and only a 10min walk to the Esplanade or CBD, making it extremely popular with tenants, wanting to be close to the action and landlords wanting nice returns and future capital growth opportunities.

With a pool for swimming, secure gated entrance and allocated carparking this spacious, fully airconditioned apartment will also make for a great home to live permanently, or a fashionable Airbnb business.

Features:

Located walking distance to City Centre & Esplanade
Secure gated entrance
Cool level one, spacious apartment
Split system air/con in living room and 2 bedrooms
Large kitchen & bathroom
Tiled floors
Partially furnished
Allocated off street parking
Swimming pool
24-hour store, eateries & park close by

Figures:
Currently rented at $300pw
Lease end April 2022
Strata fee: $5,329 per year
Rates approx. $2,620 per year

Having all the City at your fingertips and multiple options of live-in, rent or Airbnb this affordable apartment comes with the golden rule of investing, Location, Location, Location.

Contact Darcy on 0400 080 555 to arrange a private inspection or walk-through video.

Property History for 5/149-151 Sheridan St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$210,000
31 Jan 2022
Listed for Rent
$300/w
12 Mar 2021
  • 31 Jan 2022
    Sold for $210,000
  • 19 Jan 2022
    Listed for Sale Offers Over $210,000
  • 12 Mar 2021
    Listed for Rent $300 / week
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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.

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.