18/350-354 Sheridan StreetCairns North QLD 4870
Property Details for 18/350-354 Sheridan St, Cairns North
18/350-354 Sheridan St, Cairns North is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Townhouse sold in Cairns North in the last 12 months.
Last Listing description (October 2023)
Now is your chance - this townhouse provides an attractive opportunity to secure a strong, high yielding asset !
This two bedroom townhouse is positioned in a prime location with all major amenities only a minutes away. Opportunities like this are becoming highly desirable to the astute investor it's no surprise they don't last long!
PROPERTY FEATURES:
- Front and back entry with easy access to / from lock up garage
- Large functional kitchen
- Split system air-conditioning throughout
- Two spacious bedrooms master with built in robe
- Separate bathroom with toilet
- Single lock up garage
- Secure gated complex with pool
INVESTMENT DETAILS:
- Units in complex: 21
- Secure electric gated access
- Pool in complex
- Communal laundry
- Lock up garage
- High returns through Air bnb
- Current residential rental appraisal: $390 - $410 per week
- Body Corporate: $3238.09 per annum
- Council Rates: $2750 approximately per annum
The complex itself has secure electric gated access and is centrally located to the Cairns Base Hospital, falls into both the Edge Hill Primary School and Cairns State High School catchments and is just a few blocks to the Esplanade with your many choices in entertainment and restaurants that Cairns has to offer!
Disclaimer:
All information contained is gathered from sources we believe to be reliable. In preparation of this advertisement our best endeavours have been made to ensure the information contained is true and accurate. However, we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements contained. Prospective purchasers are encouraged to make their own enquiries to verify the information contained in this advertisement.
Property History for 18/350-354 Sheridan St, Cairns North, QLD 4870
- 24 Oct 2023Sold for $290,000
- 05 May 2023Listed for Sale $298,000
- 09 Jul 2020Sold for $157,000
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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 3,972 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.
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