SOLD
Sold on 10 Oct 2024 for $130,000

25/259 Sheridan Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 35m2
Land area: 35m2
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Property Details for 25/259 Sheridan St, Cairns North

25/259 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 1977. The property has a land size of 35m2 and floor size of 35m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
1977
Floor Size
35m2
Land Size
35m2
Local Government
Cairns Regional
Lot/Plan
25/BUP70074

Last Listing description (June 2023)

SHORT TERM/HOLIDAY LET ACCOMMODATION ZONING

ELEVATED, BRIGHT AND BREEZY WITH LOVELY VIEWS

This fabulous studio apartment offers you the convenience of short walking distance to:

Waterfront, Cairns Esplanade and Parklands
Hospital, Tobruk Olympic Pool, International Tennis Centre
Botanic Gardens, Cairns freshwater lake
Restaurants and shopping village with newsagent, bank, doctors, bottle shop, supermarket
5 minutes to Cairns City Centre and Airport
Bus stop at door

Sought after holiday location and rental currently achieving $360 per week.

Features/Amenities:
Bright, breezy studio apartment
Spacious floor plan
Furnishings, fridge/freezer
Air-conditioned
Sliding doors to balcony
Peaceful, cool and shady tropical resort pool
Fantastic communal covered entertainment/bbq area overlooking pool
Laundry on same level
Off street parking available
Onsite managers

INVEST & HOLD - GREAT CASHFLOW - FANTASTIC PRICE

BODY CORPORATE: $6900 approx p/annum
RATES: $2,700 approx p/annum
SIZE OF LOT: 35m2
NO. OF LOTS: 39
BUILT: 1977

All information contained herein is gathered from sources we believe to be reliable. This Office and its Agent provide no guarantees or undertakings concerning the accuracy, completeness, or current nature of the information and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Prospective purchasers must undertake their own due diligence, enquiries and assume various searches to verify the information contained herein.

Property History for 25/259 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$130,000
10 Oct 2024
Listed for Rent
$315/w
28 Mar 2022
  • 10 Oct 2024
    Sold for $130,000
  • 24 May 2023
    Sold for $99,000
  • 12 May 2023
    Listed for Sale Under Contract
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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 3,984 properties. Over the last 5 years, Houses in Cairns North have seen a 36.21% increase in median value, while Units have seen a 71.91% increase. As at 28 February 2025:

  • The median value for Houses in Cairns North is $623,890 while the median value for Units is $402,288.
  • Houses have a median rent of $528 while Units have a median rent of $480.
There are currently 56 properties listed for sale, and 31 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 242 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.