7/62-66 Abbott StreetCairns City QLD 4870
Property Details for 7/62-66 Abbott St, Cairns City
7/62-66 Abbott St, Cairns City is a 1 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 59m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Cairns City in the last 12 months.
Last Listing description (March 2024)
You are welcome to inspect unit 7 at 7/62 Abbott Street in Cairns City.
Located in the stylish Mediterranean looking complex "Il Palazzo" Apartment Hotel. This first floor one bedroom unit is close to many local iconic attractions.
This little gem is just a short walk away from Cairns Convention Centre, The Reef Casino, Cruise Ship Terminal, Esplanade and Lagoon. Conveniently located across the road from Cairns Courthouse and Government Buildings, no wonder this apartment is ideal for holiday and corporate guests.
Features include:
* Open plan apartment
* Large bedroom
* Large bathroom with shower
* Internal laundry with washing machine and dryer
* Kitchen includes fridge, microwave, cooktop and more
* Furnished & Self Contained
* Air conditioning
* Balcony
* Sun deck, gazebo and BBQ area in the complex
* Professional management on-site and lift access
* Fully accredited tour desk at the reception
* Wi-Fi access in the common areas
* On the street parking (Not allocated parking)
For investors:
Price: Offer over $249,000
Rates: $2,930 approximately per year
Body Corporate approximately: $8.651.70 annually
Rental holiday letting appraisal: $170 - $300 per night (Based on current rates - low season and high season rates might vary)
Unique inner city living or great investment do not miss out this rare opportunity!
Call Claudio now to organise your private inspection - a notice of 24 hours is needed to inspect the property.
*Currently used as holiday letting
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 7/62-66 Abbott St, Cairns City, QLD 4870
- 05 Feb 2024Sold for $255,000
- 25 Jan 2024Listed for Sale Offers over 249,000
- 27 Feb 2022Sold for $175,000
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0About 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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