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Sold on 10 Oct 2024 - Price Unavailable

27/199-201 Lake Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
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Property Details for 27/199-201 Lake St, Cairns North

27/199-201 Lake St, Cairns North is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. The property has a floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Cairns North in the last 12 months.

Building Type
Apartment
Floor Size
80m2

Last Listing description (October 2024)

Superbly located 1 block back from The Cairns Esplanade and a joyful walk to the city centre is this stylish large fully furnished upmarket apartment. Situated on level 2 with magnificent views of the resort pool, you will be impressed by the sense of space and class this large (80m2 on title), 1 bedroom, 1 bathroom abode has to offer.

There is a well-appointed kitchen, internal laundry, beautiful bathroom with bath tub & separate shower, stunning bedroom, pleasant lounge, and open dining, all accessing your private balcony. The apartment is fully airconditioned and comes with quality furnishings, furniture, and appliances. An elevator will take you from your allocated undercover secure carpark to your front door, home sweet home.

What's to love about this apartment is it's incredibly valuable location, being extremely close to The Cairns Hospital, a block back from The Cairns Esplanade, a 3 min walk to the stylish Goose Cafe, and has the city at your fingertips, making it a popular choice of stay with the medical profession and tourists alike. Live in or invest, use on site management or operate as a hot Airbnb business, the many choices are yours.

Available to move in now
Body Corporate; $9,139 per year
Rates Approx. $3,000 per year
Rental appraisal $565pw
Airbnb night Rate -$220 to $320 per night

Please contact Darcy from DJ Smith Property on 0400 080 555 for further information or to arrange an inspection.

Property History for 27/199-201 Lake St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
10 Oct 2024
Listed for Rent
$550/w
12 Sep 2023
  • 10 Oct 2024
    Sold for $349,000
  • 26 Sep 2024
    Listed for Sale Sold by Darcy Smith
  • 14 Aug 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 3,985 properties. Over the last 5 years, Houses in Cairns North have seen a 39.39% increase in median value, while Units have seen a 64.59% increase. As at 30 November 2024:

  • The median value for Houses in Cairns North is $655,686 while the median value for Units is $397,972.
  • Houses have a median rent of $540 while Units have a median rent of $470.
There are currently 49 properties listed for sale, and 37 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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Contact agent
Darcy Smith
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DJ Smith Property
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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.