OFF MARKET

20/275-277 Esplanade
Cairns North QLD 4870

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 122m2
Land area: 122m2
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Property Details for 20/275-277 Esplanade, Cairns North

20/275-277 Esplanade, Cairns North is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 122m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
Unit
Year Built
2002
Floor Size
122m2
Land Size
122m2
Local Government
Cairns Regional
Lot/Plan
20/SP148508

Last Listing description (April 2022)

Spacious three bedroom fully furnished and self-contained apartment positioned on the 2nd floor of the highly sought-after North Cove Waterfront complex on the Cairns Esplanade. Ideal for those buyers seeking a secure comfortable lifestyle with easy access to Cairns CBD, Lagoon, restaurants, shops and cafes. Features include:

- Currently in the holiday pool earning fantastic returns of $659 per week (average over 12 months) after all commission, electricity and maintenance

- Spacious, open plan layout with integrated balcony for al fresco living
- Modern kitchen finished with stainless steel appliances, stone bench tops, ample storage options and bench top space
- Master suite has walk through robe, ensuite and has its own balcony access
- 2 additional good sized bedroom, both with built in wardrobes
- Tiled flooring, security screens & split system air-conditioning throughout
- Internal laundry
- 2 underground, secure parking bays and a storage cage
- Lift access & wheelchair access to pool and BBQ facilities
- Pet friendly building (STBCA)
- Located in the Cairns State High School and Edge Hill Primary School catchment zones
- You are able to occupy this apartment as your home or hold as a long-term residential rental or holiday let through the onsite management

BODY CORP: Approx. $6700.00 per annum with a healthy sinking fund over $118k
COUNCIL RATES: Approx. $2600.00 per annum

** This property is currently in the holiday let pool - financials available on request

This well-maintained complex is complete with tropical landscaped grounds, large resort style pool, spa and BBQ areas which allows for you to enjoy an outdoor tropical lifestyle right on the waterfront of Cairns – and is all within close proximity to the Domestic and International Airports and Private and Public Hospitals. Call me today to arrange inspection today.

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Property History for 20/275-277 Esplanade, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$480,000
22 Jan 2022
Listed for Rent
$360/w
13 Aug 2008
  • 22 Jan 2022
    Sold for $480,000
  • 02 Nov 2021
    Listed for Sale Sold by Aimee Ingram
  • 06 Apr 2009
    Sold for $420,000
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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 3,971 properties. Over the last 5 years, Houses in Cairns North have seen a 32.18% increase in median value, while Units have seen a 55.86% increase. As at 30 September 2024:

  • The median value for Houses in Cairns North is $624,408 while the median value for Units is $372,105.
  • Houses have a median rent of $650 while Units have a median rent of $460.
There are currently 38 properties listed for sale, and 24 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 243 properties were sold in the past 12 months in Cairns north.

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