SOLD
Sold on 05 Jun 2024 for $170,000

20/294-298 Sheridan Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 51m2
Land area: 59m2
Sold By
Cairns Key Real Estate
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Property Details for 20/294-298 Sheridan St, Cairns North

20/294-298 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 1984. The property has a land size of 59m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
1984
Floor Size
51m2
Land Size
59m2
Local Government
Cairns Regional
Lot/Plan
20/BUP100720

Last Listing description (September 2024)

Nestled in the well-maintained Tropic Towers Holiday Resort this spacious, fully furnished one bedroom apartment is located on the second floor, the perfect investment property to add to your portfolio.

Cool, light and airy, open plan living spaces, well-appointed kitchen, with both the bedroom and living areas opening out through sliding doors to relax on your private balcony.
Within walking distance to Tobruk Olympic Pool, International Tennis Centre, Medical Practitioners, Pharmacy, Dunwoody's Hotel & Bottle shop.

Only a short drive away to beautiful Botanical Gardens and various well known walking tracks, Cairns Esplanade and Lagoon, restaurants, coffee shops, Cairns Central Shopping Centre.
Ideal property to enjoy for short vacation holidays in Cairns and holiday let for remaining period.

This apartment is zoned for short term holiday letting, and cannot be permanently lived in.

FACTS-
Positioned on the 2nd floor
Fully Furnished Apartment with detailed inventory
Currently not in the holiday pool
Independently leased as short -term accommodation
Well-appointed kitchen with heaps of bench & cupboard space, electric stove, rangehood, dishwasher, fridge, microwave.
Sliding glass doors from living and main bedroom to private outdoor patio.
Bathroom with laundry recess washer and dryer.
2 x split system air conditioners.
Tiles in kitchen and bathroom, carpet in living area and bedroom.
Council rates: $2,900 approx per annum
Body corporate levies: $10,351 per annum
Size of Lot: 59m2
No. of Lots: 44
Council Zoning: Holiday/short term accommodation
Private off street area parking
Resort pool with spa, relaxation areas and barbeque facilities
Onsite managers
Public transport pick up outside complex
Call Junelle for a private inspection 0407 076 528

Property History for 20/294-298 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$170,000
05 Jun 2024
  • 05 Jun 2024
    Sold for $170,000
  • 02 May 2024
    Listed for Sale $179,000
  • 28 Dec 2019
    Listed for Sale $115,000
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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 3,967 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.
There are currently 47 properties listed for sale, and 20 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 232 properties were sold in the past 12 months in Cairns north.

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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.