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.
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:
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.
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:
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