SOLD
Sold on 25 Mar 2024 for $780,000

801/5-7 Abbott Street
Cairns City QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 105m2
Land area: 124m2
Sold By
Cairns Key Real Estate
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Property Details for 801/5-7 Abbott St, Cairns City

801/5-7 Abbott St, Cairns City is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2001. The property has a land size of 124m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Unit sold in Cairns City in the last 12 months.

Building Type
Unit
Year Built
2001
Floor Size
105m2
Land Size
124m2
Local Government
Cairns Regional
Lot/Plan
801/SP145477

Last Listing description (May 2024)

3 bedrooms / 2 bathrooms / 1 car

Amazing apartment in wonderful Madison on Abbott in the heart of the city with panoramic views over Trinity Inlet and Harbour.

Access to the complex is safe and secure with private gated entrance leading to the front lobby or secondary access via the garage elevator.

The large, open living and dining spaces connect seamlessly to the entertainer's full length enclosed patio with magnificent views providing the most dazzling of night-time backdrops. The space creates an indoor/outdoor lifestyle perfect for the tropics!

The well appointed kitchen oozes luxe with in-set sinks beneath the stone benchtops, glass cooktop, plenty of storage space, shoulder height microwave nook, quality appliances and more.

FACTS-
3 generous sized bedrooms
Master bedroom en-suite, built in robe, direct access to balcony
Large second bathroom
Spacious & Open plan living
Freshly painted throughout
Functional kitchen with granite bench tops, pantry & dishwasher & heaps of storage
New Vinyl plank flooring in living areas
New Carpet in bedrooms
Internal laundry with clothes dryer & storage cupboard
Split system air-conditioners in living room and bedrooms
Enclosed entertainment balcony overlooking Trinity Inlet and International Cruise Terminal
Viewing platform is located on the10th Floor with BBQ facilities and amazing panoramic views.
Swimming Pool with shower & toilet facilities
Secured gated access to the complex with intercom
Security access to car park with designated carpark space.
Body Corp Fees- $2042 approx per quarter
Rates- $2918 approx per annum

Just a short stroll to some of Cairns best Restaurants, coffee shops, Hemingway Brewery, Cairns Boardwalk on the Esplanade, Marina & Lagoon.

Location is perfect for those wanting to enjoy a Great City Lifestyle

Disclaimer: All digital staging is for illustration only and does not form part of the contract.

Call Junelle on 0407 076 528 for a private inspection.

Property History for 801/5-7 Abbott St, Cairns City, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$780,000
25 Mar 2024
  • 25 Mar 2024
    Sold for $780,000
  • 21 Mar 2024
    Listed for Sale Offers over $770,000
  • 23 Dec 2015
    Sold for $500,000
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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.
There are currently 34 properties listed for sale, and 47 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.

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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.