OFF MARKET

503/123-131 Grafton Street
Cairns City QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
Land area: 151m2
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Property Details for 503/123-131 Grafton St, Cairns City

503/123-131 Grafton St, Cairns City is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2007. The property has a land size of 151m2 and floor size of 117m2.

Building Type
House
Year Built
2007
Floor Size
117m2
Land Size
151m2
Local Government
Cairns Regional

Last Listing description (December 2021)

Superbly located within the sought-after Marquis on Grafton residence, this contemporary apartment provides luxury city living. Located on the 5th floor, and encompassing 151m2 of total floor space, the thoughtful open-plan layout includes two spacious bedrooms and a generously proportioned balcony that captures gentle sea breezes and lovely views. With reasonable body corporate fees, high-quality finishes throughout, and a truly unbeatable location, this property offers options for both lifestyle and investment.

- Modern entertainer's kitchen with island bench, stone benchtops, wine rack, pull-out pantry, and stainless steel appliances
- 2 spacious bedrooms + study/multi-purpose room/3rd bedroom + 2 bathrooms

- Main bedroom with ensuite and walk-in robe
- Cool, free-flowing floor plan for ideal tropical liveability
- Private patio for all-weather dining and entertaining
- Sparkling lap pool with outdoor spa, fully equipped gym + BBQ area
- Secure entrance with on-site management and underground garage
- Body Corp fees approx. $7,900 per annum
- Council rates approx. $2,614 per annum
- Currently tenanted for $535 per week until 06/12/21 with potential to be increased to $565 per week

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Property History for 503/123-131 Grafton St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
  • 17 Sep 2021
    Listed for Sale Under Contract

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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 3,346 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 46 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Cairns city.

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