SOLD
RECENT ADVICE
Sold on 28 Aug 2024 for $275,000

10/253-255 Lake Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 64m2
Land area: 72m2
Sold By
Inspire Real Estate Cairns
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Property Details for 10/253-255 Lake St, Cairns North

10/253-255 Lake St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 1999. The property has a land size of 72m2 and floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 1 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
1999
Floor Size
64m2
Land Size
72m2
Local Government
Cairns Regional
Lot/Plan
10/SP119095

Last Listing description (September 2024)

Set within a beautifully maintained and secure gated complex sits a fantastic buying opportunity for anyone seeking convenient living or a gem to add to their portfolio - 10/253-255 Lake Street, Cairns North.

This light and spacious 1 bedroom, 1 bathroom property offers easy walking access to the hospital, medical university, endless dining options and vibrant esplanade - Whether you're a savvy investor seeking a promising opportunity or a first home buyer looking to get into the market this property is one to be considered and wont last long!

- Large Master bedroom features air conditioning and built in robe
- Spacious and fully tiled living and dining areas flow to the balcony
- Good size fitted kitchen with ample storage and electric cooking
- Modern bathroom with enclosed shower and vanity wash hand basin
- European style laundry
- Secure covered car park and immaculate residents pool, BBQ area and tropical gardens
- Top location close to the stunning Esplanade and Hospital
- Rental Appraisal $390 - $410 in the current market

Located 5 minutes away from some of Cairns' best cafes & restaurants you're also a short drive away from Cairns Performing Arts Centre, International and Domestic Airport. For more information & to arrange your inspection today contact Daniel Gibbs directly on 0432 606 645.

Property History for 10/253-255 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$275,000
28 Aug 2024
Listed for Rent
$390/w
03 Aug 2022
  • 28 Aug 2024
    Sold for $275,000
  • 07 Aug 2024
    Listed for Sale Not Disclosed
  • 03 Aug 2022
    Listed for Rent $390 / week
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About Cairns North 4870

The size of Cairns North is approximately 2.9 square kilometres. It has 6 parks covering nearly 9.7% of total area. The population of Cairns North in 2011 was 4,444 people. By 2016 the population was 5,185 showing a population growth of 16.7% in the area during that time. The predominant age group in Cairns North is 20-29 years. Households in Cairns North are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Cairns North work in a professional occupation. In 2011, 29.8% of the homes in Cairns North were owner-occupied compared with 29.2% in 2016.

Cairns North has 3,972 properties. Over the last 5 years, Houses in Cairns North have seen a 33.04% increase in median value, while Units have seen a 55.81% increase. As at 31 August 2024:

  • The median value for Houses in Cairns North is $635,500 while the median value for Units is $372,537.
  • Houses have a median rent of $520 while Units have a median rent of $450.
There are currently 41 properties listed for sale, and 26 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 238 properties were sold in the past 12 months in Cairns north.

Suburb Insights for Cairns North 4870

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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.