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.
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.
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.
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