SOLD
Sold on 02 Oct 2024 for $510,000

118/331-337 Lake Street
Cairns North QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 93m2
Land area: 149m2
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Property Details for 118/331-337 Lake St, Cairns North

118/331-337 Lake St, Cairns North is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2009. The property has a land size of 149m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
93m2
Land Size
149m2
Local Government
Cairns Regional
Lot/Plan
118/SP224680

Last Listing description (September 2015)

THE EDGE APARTMENTS, CAIRNS NORTH THIS 8 YEAR OLD APARTMENT IS LOCATED IN SUCH A FABULOUS LOCATION BEING POSITIONED CLOSE TO THE CAIRNS ESPLANADE AND RECREATIONAL FACILITIES, WITH A SHORT STROLL TO CBD AND POPULAR RESTAURANTS. FEATURES 3 AIR-CONDITIONED BEDROOMS WITH BUILT-IN ROBES AND FANS. MAIN HAS EN-SUITE WITH SEPARATE BATHROOM AND TOILET IN MAIN PART OF UNIT. MAIN BEDROOM AREA CAN BE CLOSED OFF FOR EXTRA PRIVACY. KITCHEN HAS OVERHEAD CUPBOARDS, CERAMIC COOK TOP, RANGE HOOD AND DISHWASHER. INTERNAL LAUNDRY ALCOVE WITH LARGE HOT WATER SYSTEM AND DRYER. NEW POWDER COATED SHUTTERS INSTALLATION COMPLETED EARLY THIS YEAR. TILED LIVING WITH CARPET IN THE BEDROOMS. MASSIVE TILED BALCONY PERFECT FOR ENJOYING THE OUTDOORS. 2 POOLS IN COMPLEX WET EDGE POOL ON LAKE STREET CORNER WITH UNIT OVERLOOKING DIGGER STREET POOL. 2 CAR PARKING SPOTS ALLOCATED TO UNIT IN SECURE CAR PARK WITH SEPARATE STORAGE CAGE. UNIT IS ONLY 6 BLOCKS FROM CBD AND 30 MINUTES EASY WALKING DISTANCE. CURRENTLY RENTED AT $408P.W. ON A TWO YEAR LEASE. NOTHING TO DO BUT COLLECT THE RENT ON THIS SAFE AND SECURE INVESTMENT.

Property History for 118/331-337 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$510,000
02 Oct 2024
Listed for Rent
$385/w
01 Nov 2013
  • 02 Oct 2024
    Sold for $510,000
  • 02 Apr 2019
    Sold for $340,000
  • 04 Sep 2015
    Listed for Sale $385,000
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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 3,985 properties. Over the last 5 years, Houses in Cairns North have seen a 39.39% increase in median value, while Units have seen a 64.59% increase. As at 30 November 2024:

  • The median value for Houses in Cairns North is $655,686 while the median value for Units is $397,972.
  • Houses have a median rent of $540 while Units have a median rent of $470.
There are currently 49 properties listed for sale, and 37 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Cairns north.

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