SOLD
Sold on 16 Feb 2024 for $210,000

23/257-259 Lake Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 59m2
Land area: 67m2
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Property Details for 23/257-259 Lake St, Cairns North

23/257-259 Lake St, Cairns North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 67m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
59m2
Land Size
67m2
Local Government
Cairns Regional
Lot/Plan
23/SP124688

Last Listing description (May 2014)

THE ULTIMATE CITY PAD!
PRESENTING TO THE MARKET THIS ONE BED APARTMENT IN CAIRNS PLAZA APARTMENTS... This immaculately presented leafy unit offers an amazing opportunity for those working in the city or wanting a convenient lifestyle in the heart of the Cairns CBD, within walking distance to Cairns Base Hospital & Esplanade. This extra-large one bedroom unit has been freshly painted and is located in the beautifully appointed Central Plaza Apartments.
FEATURES:-

Prime inner city location
Situated on the first floor with a private balcony
Moments to the Cairns Base & Private Hospital
Open plan 67m2 apartment
150m walk (2mins) to Cairns Esplanade
End unit with only one side neighbour affording with extra light and cross breezes
Good sized bedroom
Undercover car park
Great airflow keeping the property extremely cool
Be quick - neat and easy place to live or investment in the right location
The apartment has a fully equipped kitchen, laundry, good sized private balcony and fully air conditioned. The complex is complete with onsite managers, spa, swimming pool, BBQ area and undercover parking.
THE BOTTOM LINE
- ------------------------------
BODY CORPORATE FEES: $4525 PA
RATES: $2100 PA
RENTAL APPRAISAL: $210 - $230 PW
SIZE: 67M2
UNITS IN COMPLEX: 40
AGE: 15 YEARS

Property History for 23/257-259 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$210,000
16 Feb 2024
  • 16 Feb 2024
    Sold for $210,000
  • 04 Jun 2014
    Sold for $170,000
  • 21 Mar 2014
    Listed for Sale OFFERS OVER $170,000
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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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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.