705-706/58-62 Mcleod StreetCairns City QLD 4870
Property Details for 705-706/58-62 Mcleod St, Cairns City
705-706/58-62 Mcleod St, Cairns City is a 2 bedroom, 2 bathroom Unit.
Last Listing description (February 2023)
Do not miss your chance to secure this stunning dual-key apartment right in the heart of Cairns City with stunning views of the mountains and across the city. Located on the 7th level of the iconic Cairns Central Plaza Apartments. Location is paramount here being only a few steps away from Cairns Central, a short walk to the world famous Cairns Esplanade, boutique cafes and restaurants and not to mention the newly refurbished CPAC Theatre.
Opportunities are endless with the dual key access enabling you to rent both sides for holiday let, rent both permanently or even keep one side free occasionally as your very own holiday home. Either way you will reap the highest possible returns being in an arguably unbeatable location.
Features include:
Large modern gourmet kitchen with central island
Spacious dining / lounge
Two large bedrooms
Two bathrooms
Three balconies all with views
Rooftop in-ground pool with 360 degree views
Secure parking
Lifts
Onsite manager
Call today for more information on the yearly income on this profitable apartment.
Property History for 705-706/58-62 Mcleod St, Cairns City, QLD 4870
- 02 Sep 2022Listed for Sale $349,000
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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.
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