81/9-11 Water StreetCairns City QLD 4870
Property Details for 81/9-11 Water St, Cairns City
81/9-11 Water St, Cairns City is a 2 bedroom, 2 bathroom Unit and was built in 2003. The property has a land size of 90m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in March 2019.
Last Listing description (April 2019)
This stunning poolside dual key apartment within the much sought after 'Southern Cross' development and located 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 investment with approx 9% Nett returns and use as your super holiday home in tropical Cairns. 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:
- Two immaculate fully furnished self contained units.
- Fully furnished with good quality furniture.
- Light and breezy living space.
- Perfect spot overlooking the lagoon pool.
- Dual key configuration, two apartments in one.
- Enclosed patio to the main unit and balcony to the studio.
- Fabulous investment to use for your holiday in Cairns
- Excellent income history with solid returns to the owner.
- Fully air-conditioned and ceiling fans
- Guest parking areas.
- Weekly return for 2018 $428.00 NETT !!
- Body Corporate fees $4500 approx per annum.
- Council rates $2200 per annum.
- Perfectly priced for a quick sale Investors only.
Property History for 81/9-11 Water St, Cairns City, QLD 4870
- 11 Mar 2019Sold for $240,000
- 05 Mar 2019Listed for Sale SOLD WITH TIM WINBORN-SHARP
- 24 Jan 2012Sold for $175,000
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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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