SOLD
RECENT ADVICE
Sold on 22 Aug 2024 for $420,000

508/6 Lake Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 113m2
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Property Details for 508/6 Lake St, Cairns City

508/6 Lake St, Cairns City is a 2 bedroom, 2 bathroom Apartment with 1 parking spaces. The property has a floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Apartment sold in Cairns City in the last 12 months.

Building Type
Apartment
Floor Size
113m2
Local Government
Cairns Regional
Lot/Plan
508/SP183678

Last Listing description (August 2024)

INNER CITY INVESTMENT- 2 BEDROOM 2 BATHROOM DUAL KEY APARTMENT.

Welcome to Apartment 508 at Park Regis - City Quays, where elegant living meets unparalleled convenience in the heart of Cairns. Situated at 6 Lake Street, this remarkable dual key apartment places you right in the center of all the action.

City Quays offers a hassle-free experience with a 24/7 onsite holiday management service. Alternatively manage externally. Owners have the unique advantage of staying in their unit for up to 3 months each year.

Perched on the 5th floor, this expansive 113m² dual key apartment comes fully furnished and self-contained. The 1-bedroom unit boasts a modern kitchen outfitted with a dishwasher, convection microwave, air-fryer, 2-burner cooktop, and rangehood. Enjoy the open-plan living/dining area, a comfortable bedroom, a well-appointed bathroom, laundry facilities, and a large patio offering stunning views of the city, Casino dome, swimming pool, Trinity Inlet, and mountains.

Next to the 1-bedroom unit is a cozy studio apartment featuring a bedroom, kitchenette, bathroom, and balcony with views of the city and mountains to the west. Both units are equipped with air-conditioning, fans, Wi-Fi, and cable TV to ensure your utmost comfort and convenience.

As a resident of Park Regis - City Quays, you'll have access to a rooftop terrace with a gorgeous swimming pool and BBQ area, ideal for relaxation and enjoyment amidst breathtaking views. The complex also includes 2 elevators for easy access and secure undercover parking (carpark not allocated) for your peace of mind.

Figures:
Body Corporate fees $12,300 per annum approx
Council rates $2,800 per annum approx

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Property History for 508/6 Lake St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$420,000
22 Aug 2024
  • 22 Aug 2024
    Sold for $420,000
  • 08 Jul 2024
    Listed for Sale SOLD BY ZOE WICKS
  • 22 Jul 2015
    Sold for $260,000
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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 3,353 properties. Over the last 5 years, Houses in Cairns City have seen a 29.56% increase in median value, while Units have seen a 49.87% increase. As at 31 August 2024:

  • The median value for Houses in Cairns City is $521,898 while the median value for Units is $498,346.
  • Houses have a median rent of $550 while Units have a median rent of $580.
There are currently 40 properties listed for sale, and 37 properties listed for rent in Cairns city on OnTheHouse. According to CoreLogic's data, 137 properties were sold in the past 12 months in Cairns city.

Suburb Insights for Cairns City 4870

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Contact agent
Zoe Wicks
Show contact details
Twomey Schriber Property Group
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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.