8/5-7 Water St, Cairns City is a 2 bedroom, 2 bathroom Unit and was built in 2003. The property has a land size of 91m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in November 2019.
This stunning ground floor poolside dual key deluxe apartment is located within the much sought after "Southern Cross" development in the heart of Cairns City. The development is immaculate and very well run by the onsite managers and this is a golden opportunity to purchase a great SUPER investment with approx 7% Nett returns. Ideal to use as your super holiday home in tropical Cairns with excellent onsite facilities including three stunning pools, caf and air conditioned Gym. The location is exceptional being within a short stroll of Cairns Central shopping centre, fine restaurants and cafes and the stunning Esplanade, award winning lagoon and Reef Terminal.
The apartment offers:
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:
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