OFF MARKET

18/233-237 Esplanade
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 79m2
Land area: 79m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 1 Jul 2024
Low

High
Save

Property Details for 18/233-237 Esplanade, Cairns North

18/233-237 Esplanade, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1997. The property has a land size of 79m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
Unit
Year Built
1997
Floor Size
79m2
Land Size
79m2
Local Government
Cairns Regional
Lot/Plan
18/BUP105595

Last Listing description (March 2023)

With waterfront views that will never be built out and only 2km walk to the Cairns CBD this Waterfront Terrace units zoning has been recently changed by Cairns Regional Council to included long term residential as well as holiday let.

As a holiday let in the current letting pool is has nearly 100% occupancy with an onsite manager that looks after the property for you. The property has excellent advance bookings and you are entitled to 2 weeks per year to soak up the sun and enjoy everything that Cairns has to offer.

With the change in zoning approvals in place if you would like to live the holiday lifestyle for the rest of your days this would have to be one of the best value for money waterfront apartments in the country.

Features of the property include:

Central location to Cairns CBD and Cairns Hospital
Off Street secure parking
Sparkling resort pool
Onsite manage currently rented at $215 a night
Extremely high occupancy rates
Recent installation of solar to the complex to decrease costs
Material Change of Use approved Sep 2022 for long term rental or tenancy.

All figures past and present are available on request and inspections are by appointment due to the holiday letting of the property.

Contact Kate Fern from Powerhouse Property Cairns today on 0477701502 to organise your private inspection.

Property History for 18/233-237 Esplanade, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$358,000
23 Jan 2023
  • 23 Jan 2023
    Sold for $358,000
  • 18 Jan 2023
    Listed for Sale Consider it SOLD!
  • 29 Jul 2022
    Sold for $310,000
Sign in to see more transactions

Commute Calculator

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 3,959 properties.

    There are currently 51 properties listed for sale, and 21 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 263 properties were sold in the past 12 months in Cairns north.

    Suburb Insights for Cairns North 4870

    Market Insights
    Trends for Houses
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Trends for Units
    Median Value

    N/A

    -
    View Trend
    Median Growth

    N/A

    View Trend
    Median Rent

    N/A

    -
    View Trend
    Rental Yield

    N/A

    -
    View Trend


    Median Value over 1 year
    Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
    Neighbourhood Insights
    Age
    Household
    Occupancy
    No data to show
    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.