SOLD
Sold on 02 Dec 2023 for $746,000

258 Lake Street
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 89m2
Land area: 414m2
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Property Details for 258 Lake St, Cairns North

258 Lake St, Cairns North is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 414m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Cairns North in the last 12 months.

Building Type
House
Year Built
1940
Floor Size
89m2
Land Size
414m2
Local Government
Cairns Regional
Lot/Plan
10/RP701251

Last Listing description (February 2024)

With a winning location one street from the Esplanade, this renovated high-set Queenslander blends cool, contemporary comfort with sought-after character and convenience. Providing opportunities for lifestyle and investment, the layout comprises the main residence with two generous bedrooms upstairs, plus a studio with bathroom and kitchenette downstairs.

Classic high ceilings & casement windows enable great airflow, the generous open plan interiors lead to a fantastic timber deck at the rear with a leafy, tropical outlook. Set on a fully fenced 414m2 block, with secure parking, this outstanding property delivers flexibility and liveability in abundance.

- High-set Queenslander with main residence upstairs & s/c studio downstairs
- Contemporary kitchen with gas cooking, tiled floors, stone bench tops & servery
- Renovated to a high quality, air-conditioning, and fans throughout
- Timber floors, high ceilings, casement windows, T&G walls
- Undercover parking for 2 vehicles, remote garage door, lock-up storage
- Outstanding location, close to Esplanade, CBD, and Cairns Hospital
- Flexibility for multi-generational living or extra income, currently returning in excess of $48,000 p.a this property is both a solid investment and great place to live

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Property History for 258 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$746,000
02 Dec 2023
Listed for Rent
17 Mar 2023
  • 02 Dec 2023
    Sold for $746,000
  • 15 Nov 2023
    Listed for Sale Not Disclosed
  • 09 Mar 2023
    Listed for Rent $550 / 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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