SOLD
Sold on 14 Sep 2024 for $252,000

21/215-217 Mcleod Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 58m2
Land area: 58m2
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Property Details for 21/215-217 Mcleod St, Cairns North

21/215-217 Mcleod St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 58m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
1985
Floor Size
58m2
Land Size
58m2
Local Government
Cairns Regional
Lot/Plan
21/BUP70507

Last Listing description (November 2024)

Are you in search of a solid investment property near the city centre and hospital? Look no further than this 2-bedroom unit located in Cairns North, just a few streets away from the Esplanade, restaurants, and shops. It offers a low-maintenance lifestyle and the potential for substantial return, making it an attractive option for savvy investors.

- Situated on the top level
- Both bedrooms with built-in robes and box air conditioners

- Tiled lounge room
- Practical kitchen with great storage
- Internal bathroom and laundry combination, including dryer
- Balcony offers peace and privacy in a serene setting
- Located in a well-maintained complex
- Sparkling in-ground pool
- Currently leased at $300 per week to a great tenant
- Minimal time remaining on the existing lease

Other details:
- Body Corporate Fees approximately: $4520/year
- Council Rates: Approximately $2900/year
- Estimated Rent: $390-$410/week

The complex is very well-maintained and in excellent condition. It includes a mix of owner-occupied and investment units. Electronic sliding driveway access and separate pedestrian access add to its security. Inspections are by appointment only with a minimum of 24 hours notice? call Team East today.

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Property History for 21/215-217 Mcleod St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$252,000
14 Sep 2024
Listed for Rent
$250/w
24 Apr 2019
  • 14 Sep 2024
    Sold for $252,000
  • 26 Jul 2024
    Listed for Sale Mid $200,000's
  • 24 Apr 2019
    Listed for Rent $250 / week
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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 3,944 properties. Over the last 5 years, Houses in Cairns North have seen a 36.51% increase in median value, while Units have seen a 62.05% increase. As at 31 October 2024:

  • The median value for Houses in Cairns North is $644,909 while the median value for Units is $392,455.
  • Houses have a median rent of $575 while Units have a median rent of $470.
There are currently 40 properties listed for sale, and 35 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 233 properties were sold in the past 12 months in Cairns north.

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