502/58-62 Mcleod StreetCairns City QLD 4870
Property Details for 502/58-62 Mcleod St, Cairns City
502/58-62 Mcleod St, Cairns City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 101m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Cairns City in the last 12 months.
Last Listing description (October 2024)
Seize the opportunity to own this exquisite dual-key apartment nestled in the heart of Cairns City, boasting great views of the majestic mountains!
Perched on the 5th level of the renowned Cairns Central Plaza Apartments, this residence is just a stone's throw away from Cairns Central, a 5-minute stroll to the world-famous Cairns Esplanade, the recently renovated Cairns Convention Centre, and everything this splendid city has to offer. The innovative dual-key layout not only ensures optimal returns for holiday rentals but also provides the luxury of enjoying your well-deserved holiday in your own upscale apartment.
With an unbeatable location, a rooftop pool offering astonishing views, a secure complex, elevators, secure parking, and a plethora of features, this property truly stands out.
Key Features:
Property Highlights:
* Dual-key apartment with internal connecting doors
* Corner unit with city & mountain views
* Live in, invest, or both
* Two bedrooms
* Two bathrooms
* Two balconies, all boasting views
* Outdoor area
* Air-conditioned
* Gourmet kitchen in the main unit with central breakfast island
* Kitchenette in the studio side
* Internal laundry
* Dishwasher
* Secure allocated parking
* Fully furnished
* Self contained
Complex Features:
* On-site management
* Gym
* Conference room
* Elevators
* Rooftop SPA
* Rooftop pool
* Tour desk
* Medical center and dentist in the building
* 1-minute walk to Cairns Central Shopping Centre
For Investors:
Price: Offers in the high $400,000's
Rates: Approximately $2,950 per year
Body Corporate approximately: $14,568.05 with prompt payment of levy (20% discount from $18,210.06, the total payable annually)
Number of lots in the complex: 46 units
Rental Appraisal: $660 - $720 / week (Combined)
Holiday let guaranteed available thru on site management (to be negotiated with Central Plaza Apartments)
Holiday let potential: One Bedroom unit $217-$330 per night gross - Studio $197-$250 per night gross (Combined $414-$630 per night gross). Rate can vary based on season. (Data on prices per night from the Central Plaza Website)
Year built: 2009
Development Zoning: City Centre (2060)
Contact Claudio now to schedule your private inspection.
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 502/58-62 Mcleod St, Cairns City, QLD 4870
- 10 Oct 2024Listed for Sale Offers in the high $400,000's
- 21 Jun 2024Sold for $475,000
- 30 May 2024Listed for Sale Offers in the high $400,000's
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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.
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