7 Sheridan StreetCairns City QLD 4870
Property Details for 7 Sheridan St, Cairns City
7 Sheridan St, Cairns City is a 7 bedroom, 5 bathroom Unit with 1 parking spaces. The property has a land size of 603m2. While the property is not currently for sale or for rent, it was last sold in May 2003.
Last Listing description (August 2019)
Investors and super fund managers, add this to your property portfolio, or start a new one!
* Ideally positioned within walking distance of Cairns C.B.D , Cairns Base Hospital, The Esplanade & is opposite Cairns State High School.
* Direct access to public transport and all required local amenities are nearby.
* Consisting of 4 x 1 bedroom units and 1 x 2 bedroom unit, with office. There are three up and two down.
* All units have good sized living areas, high ceilings and air-conditioning.
* Undercover car accommodation & swimming pool. Plenty of off street Parking.
* Fully tenanted, with happy, cooperative tenants.
* All units individually metered.
* To express your interest, call or email Aimee Ingram – a.ingram@ljheh.com.au // 0457 750 513
* With respect to our tenants, inspections are limited.
INCOME: $52,520.00 p.a. [$1005.00 PER WEEK]
OUTGOINGS: Approx $20,802.00 per annum – includes council rates, body corp & water usage.
NET RETURN: $31,718.00
Property History for 7 Sheridan St, Cairns City, QLD 4870
- 12 Mar 2019Listed for Sale Under Contract
- 05 Feb 2016Listed for Rent - Price not available
- 07 May 2003Sold for $485,000
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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 3,346 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.
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