707/123-131 Grafton StreetCairns City QLD 4870
Property Details for 707/123-131 Grafton St, Cairns City
707/123-131 Grafton St, Cairns City is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2007. The property has a land size of 124m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
Last Listing description (October 2021)
Another great sale by Donna Waldman of Ulysses Real Estate! Where the living is easy and Cairns is literally on your door step! Why not live in the lap of luxury on the 7th floor of The majestic Marquis Building !
Situated smack in the middle of Cairns CBD this upmarket complex is just been painted and looks terrific! The panoramic mountain and city views from this renovated unit are spectacular. There is no work to do here - it has all been done - just move on in - or rent if out if investing is what you do! Large tinted french doors run the width of the whole unit and living and both bedrooms open out onto the huge patio! Very light and spacious with a perfect study nook area this unit is sure to please any discerning buyer. The kitchen has an extra wide bench top featuring breakfast bar, dishwasher, and room for the extra wide fridge. Great interior paint job and the whole apartment feels like new. Brand new on the market - this one is going to sell quickly!
* Fully air conditioned
* Toughened glass - sound proof
* Crafted ceiling cornices
* Storage room
* Extremely secure building featuring security cameras
* Roof Top entertainment area with spectacular views
* Well equipped Gymnasium
* Resort style swimming pool and b b q area
* Safe secure basement parking
* Currently tenanted until January 21
* Rent return $520 per week
* Investors that's a gross annual yield of 6.12%
* Body Corp $1952 quarterly
* Contact agent for private inspection
Property History for 707/123-131 Grafton St, Cairns City, QLD 4870
- 16 Nov 2020Sold for $480,000
- 19 Aug 2020Listed for Sale Contact Donna Waldman of Ulysses Real Estate
- 03 Oct 2011Sold for $420,000
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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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