OFF MARKET

603/58-62 Mcleod Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 83m2
Land area: 115m2
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Last updated 11 Nov 2024
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Property Details for 603/58-62 Mcleod St, Cairns City

603/58-62 Mcleod St, Cairns City is a 2 bedroom, 2 bathroom Unit and was built in 2008. The property has a land size of 115m2 and floor size of 83m2.

Building Type
Unit
Year Built
2008
Floor Size
83m2
Land Size
115m2
Local Government
Cairns Regional

Last Listing description (July 2024)

Seize an exceptional opportunity with this rare, dual-key apartment located in the heart of Cairns City. This unique property, positioned on the 6th floor of the iconic Cairns Central Plaza Apartments, offers breathtaking Ocean and mountain views with unparalleled convenience, just steps away from Cairns Central and a mere five-minute walk from the world-renowned Cairns Esplanade. The newly refurbished Cairns Convention Centre and all the delights of this vibrant city are also within easy reach.

Featuring a dual-key layout, this apartment presents a prime investment opportunity, promising maximum returns from holiday lettings while providing a luxurious retreat for your own holidays. Enjoy access to a rooftop pool boasting 360-degree views, secure premises, and much more.

- Dual-Key Apartment: Ideal for holiday lettings or as a personal retreat

- Two Bedrooms & Two Bathrooms: Ample space and privacy for guests
- Two Balconies with Stunning Views: Enjoy breathtaking views and refreshing breezes
- Air Conditioning: For year-round comfort
- Spacious Gourmet Kitchen with Island & Kitchenette: Perfect for entertaining or a quick meal
- On-Site Management: Hassle-free property management
- Internal Laundry: Added convenience within your apartment
- Elevator Access & Secure Parking: Ultimate convenience and security
- Prime Location: Steps away from shopping, dining, and Cairns Central
- Short Walk to Cairns Esplanade: Access to world-class entertainment and leisure
- Close to Cairns Convention Centre: Ideal for business and leisure traveler's
- Luxurious Facilities: Including a rooftop pool with panoramic city, ocean and mountain views

Investment Details:
- Annual Rates: Approximately $2,950 approx.
- Body Corporate Fees: $14,618.40 per year approx. (with a 20% discount for prompt payment, reducing from $18,273.00)

This is a standout opportunity for discerning investors or those seeking a luxurious lifestyle in Cairns. Don't miss out on this unparalleled chance to own a piece of Cairns City's finest real estate.

DISCLAIMER
All information provided has been obtained from sources we believe to be accurate. However, we cannot guarantee the information is accurate and accept no liability for errors or omissions, (including but not limited to a property's land size, floor plans and size, building age and condition).
Interested parties should make their own enquiries and obtain their own legal advice.

Property History for 603/58-62 Mcleod St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
  • 02 Apr 2024
    Listed for Sale Now Selling
  • 15 Nov 2021
    Listed for Sale REDUCED TO SELL - NOW $300,000
  • 16 Oct 2013
    Listed for Sale $299,000

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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.