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Sold on 03 Oct 2024 for $410,000

13/186-198 Lake Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 10
Floor area: 79m2
Land area: 84m2
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Property Details for 13/186-198 Lake St, Cairns North

13/186-198 Lake St, Cairns North is a 2 bedroom, 1 bathroom Unit with 10 parking spaces and was built in 1975. The property has a land size of 84m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
79m2
Land Size
84m2
Local Government
Cairns Regional
Lot/Plan
13/BUP70033

Last Listing description (December 2024)

Discover the epitome of contemporary living at 13/189 Lake Street, Cairns North. This beautifully renovated 2nd-floor apartment offers not just a home, but a lifestyle enriched by meticulous craftsmanship and prime location.

Situated in a gated complex with off-street parking and a sparkling pool, this apartment has been meticulously upgraded. Featuring cabinetry by a multi-award-winning cabinetmaker, every detail reflects superior quality. Freshly painted with upgraded electrical fixtures including lights and fans, no expense has been spared to ensure a modern, comfortable living space.

Enjoy the soothing breeze from your private balcony overlooking the picturesque Esplanade, perfect for relaxing or entertaining guests. The strategic location places you between the Cairns CBD and the international airport, with close proximity to the Cairns Hospital, making it ideal for both Airbnb rental and long-term leases to hospital staff.

Properties of this caliber are rare and highly sought-after. Don?t miss your chance to secure this exceptional investment opportunity. Contact Kate Fern from Powerhouse Property today on 0477 701 502 to arrange your private inspection.

Property Features:
- 2 bedrooms, 1 bathroom
- Fully renovated with premium cabinetry
- High-quality finishes by skilled tradesmen
- Balcony with Esplanade views
- Gated complex with off-street parking and pool
- Prime location near Cairns CBD, international airport, and Cairns Hospital

Body Coporate annual funds are discounted from $7,825.44 to $6,260.35 if paid on time.

An inspection will impress!

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Property History for 13/186-198 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$410,000
03 Oct 2024
  • 03 Oct 2024
    Sold for $410,000
  • 25 Jul 2024
    Listed for Sale UNDER CONTRACT
  • 10 Feb 2023
    Sold for $230,000
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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 3,990 properties. Over the last 5 years, Houses in Cairns North have seen a 36.21% increase in median value, while Units have seen a 71.91% increase. As at 28 February 2025:

  • The median value for Houses in Cairns North is $623,890 while the median value for Units is $402,288.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 59 properties listed for sale, and 32 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 242 properties were sold in the past 12 months in Cairns north.

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