OFF MARKET

509/99 Esplanade
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 85m2
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Last updated 11 Nov 2024
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Property Details for 509/99 Esplanade, Cairns City

509/99 Esplanade, Cairns City is a 2 bedroom, 2 bathroom Unit and was built in 2004. The property has a floor size of 85m2.

Building Type
Unit
Year Built
2004
Floor Size
85m2
Local Government
Cairns Regional

Last Listing description (April 2022)

Occupying a prime position overlooking the pool and coral sea, this lovely fifth floor apartment in Mantra Trilogy is right on the doorstep of the cosmopolitan Esplanade precinct. The dual key configuration comprises a large one-bedroom apartment and a spacious studio with its own balcony. Refurbished to current Mantra standards, the property features stylish, contemporary interiors, an unbeatable location and access to the extensive facilities of this sought after complex. Enjoy the flexibility and lifestyle options of investment in the heart of the Cairns CBD.

- Dual key configuration with foyer access for privacy
- Generous open plan layout with two balconies

- Full sized kitchen with quality stainless steel appliances
- Interiors refurbished to current Mantra standards
- Separate internal laundry with storage
- Facilities include pool, onsite management, gym and secure parking
- Consistent Annual returns for investors 20-21: $39K; 19-20: $37K; 18-19: $41K

Property History for 509/99 Esplanade, Cairns City, QLD 4870

A timeline of how this property has performed in the market
  • 07 Oct 2021
    Listed for Sale Offers Over $450,000

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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 3,345 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 47 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.