OFF MARKET

701/58-62 Mcleod Street
Cairns City QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Land area: 114m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 701/58-62 Mcleod St, Cairns City

701/58-62 Mcleod St, Cairns City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The property has a land size of 114m2.

Building Type
Unit
Land Size
114m2
Local Government
Cairns Regional

Last Listing description (May 2024)

SOUGHT AFTER COMPLEX SO CLOSE TO EVERYTHING

The perfect inner city lifestyle, this lovely complex is conveniently located close to the waterfront and across the road from Cairns Central Shopping Centre.

SPECTACULAR SUNSETS AND CITY LIGHTS

Get ready to relax and put your feet up or entertain your guests over the spectacular night lights across the city as the sun goes down.

Easy low maintenance lifestyle with plenty of space for entertaining, dining and lounging on the 18m2 balcony overlooking the amazing city and ocean landscapes.

Leave the car and explore the city on foot - on your doorstep, shady leafy parklands, enormous swimming lagoon, free exercise classes and equipment, marina, markets, galleries, festivals, restaurants and cafes.

Dual Key floor plan with internal connecting door
- Versatile home and/or investment
- Currently receiving a guaranteed rental return of $2,694 per month/approx. $621 per week
- 114m2 floorplan plus 14m2 carpark
- 2 balconies, 2 bathrooms, 1 carpark on title
- Furnishings, whitegoods
- Central air-conditioning

Apartment 1- One bedroom
- Open plan living/dining area
- Kitchen with composite benchtops, dishwasher, bar stool overhang
- Laundry cupboard with storage area
- Bathroom with shower over bath

Apartment 2 - Studio
- Juliette kitchen with bar fridge and pantry cupboard
- Bedroom with double robe, desk and wall mounted television
- Bathroom with shower

The Complex
- Rooftop pool and spa with views over the inlet
- Wi-Fi, Foxtel
- Secure undercover elevated parking security access
- Meeting and conference room
- Recreation/games room
- Onsite services - Day surgery, commercial offices

BODY CORPORATE: $15,000 approx. per annum
COUNCIL RATES: $2,700 approx. per annum
NO. OF LOTS: 46
LOT SIZE: 114m2 floor plan including balconies plus 14m2 carpark
USE: Residential zoning
DATE REGISTERED: 2009

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 701/58-62 Mcleod St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
  • 20 Jun 2023
    Listed for Sale Not Disclosed

Commute Calculator

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 45 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

Market Insights
Cairns City Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Cairns City Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.