SOLD
Sold on 29 Feb 2024 for $320,000

23/186-198 Lake Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 78m2
Land area: 84m2
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Property Details for 23/186-198 Lake St, Cairns North

23/186-198 Lake St, Cairns North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 84m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
78m2
Land Size
84m2
Local Government
Cairns Regional
Lot/Plan
23/BUP70033

Last Listing description (April 2024)

DISTINCT
Positioned just one street back from the Cairns Esplanade with ocean glimpses and breezes, this fantastic apartment offers a wonderful lifestyle or investment opportunity. With two large bedrooms and an open-plan living area, the property offers a spacious floorplan providing comfort and convenience. Set in a well-maintained complex and ideally located, close to the Cairns Hospital, public transport, schools, shops, restaurants and amenities.

THE FACTS

* Top floor, two-bedroom apartment in central location
* Open-plan living, dining and kitchen
* Balcony with views to the Cairns Esplanade
* Full-sized, modern kitchen
* Spacious bedrooms with built-in robes and air conditioning
* Central bathroom
* Carport space
* Internal laundry
* Swimming pool in complex
* Build Year: Approx. 1975
* Rates: Approx. $2,920 / year
* Body Corporate Levies: Approx. $6,250 / year
* Rental Appraisal: Approx. $460 / week

These photographs have been enhanced for marketing purposes and may not reflect the actual appearance or dimensions of the property. They are intended to provide a visual representation of the propertys potential and should not be relied upon as a basis for making decisions about purchasing/renting. Prospective buyers/renter should conduct their own due diligence, including inspection and verification of property features and conditions. Champions In Real Estate are not responsible for any errors, inaccuracies, or misrepresentations in the photographs.

Champions in Real Estate is a licensed real estate agency. We are not licensed builders, inspectors or valuers and the information contained here has been provided to us by third parties. The information is for guidance only. Whilst we make efforts to ensure all information contained herein is gathered from sources we believe to be reliable, we provide no guarantees concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. It is not intended as building, pest, planning or other advice and should not be construed or relied on as such. Prospective purchasers must undertake their own due diligence, enquiries and undertake various searches to verify the information contained herein. The information has been prepared without taking into account your personal objectives or needs for the property. Before making any commitment of a legal or financial nature you should consider the appropriateness of the information having regard to your circumstances and needs and seek advice from appropriate advisors.

Property History for 23/186-198 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$320,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $320,000
  • 23 Feb 2024
    Listed for Sale SOLD by Michelle Champion
  • 20 Oct 2021
    Sold for $210,000
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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 3,944 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.

Suburb Insights for Cairns North 4870

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Kelsey Quaife
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Champion Estate Agents pty ltd
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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.