SOLD
Sold on 09 Jul 2024 for $179,000

3/294-298 Sheridan Street
Cairns North QLD 4870

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 59m2
Sold By
Cairns Key Real Estate
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Property Details for 3/294-298 Sheridan St, Cairns North

3/294-298 Sheridan St, Cairns North is a 1 bedroom, 1 bathroom Unit and was built in 1994. The property has a land size of 59m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 1 bedroom Unit sold in Cairns North in the last 12 months.

Building Type
Unit
Year Built
1994
Floor Size
59m2
Land Size
59m2
Local Government
Cairns Regional
Lot/Plan
3/BUP100720

Last Listing description (August 2024)

Nestled in the well-maintained Tropic Towers Holiday Resort this spacious, fully furnished, immaculate one bedroom apartment is centrally located on the ground floor, the perfect investment property to add to your portfolio.

Cool, light, fresh and airy, open plan living spaces, well-appointed kitchen, with both the bedroom and living areas opening out through sliding doors to relax on your private balcony.
Within walking distance to Tobruk Olympic Pool, International Tennis Centre, Medical Practitioners, Pharmacy, Dunwoody's Hotel & Bottle shop.

Only a short drive away to beautiful Botanical Gardens and various well known walking tracks, Cairns Esplanade and Lagoon, restaurants, coffee shops, Cairns Central Shopping Centre.
Ideal property to enjoy for short vacation holidays in Cairns and AIRBNB for remaining period.
A Win-Win Investment!

This apartment is zoned for short term holiday letting only, and cannot be permanently lived in.

FACTS-
Positioned on the Ground floor
Fully Furnished Apartment with detailed inventory
AIRBNB Holiday Let -Great Returns-Future AIRBNB Bookings confirmed until January 2025
Well-appointed kitchen with plenty of bench & cupboard space, electric stove, rangehood, dishwasher, fridge, microwave & air fryer/ convection oven.
Sliding glass doors from living and main bedroom to private outdoor patio.
Bathroom with laundry recess washer and dryer.
2 x split system air conditioners.
Tiled throughout
Council rates: $2,900 approx. per annum
Body corporate levies: $9,910.89 per annum
Size of Lot: 59m2
No. of Lots: 44
Council Zoning: Holiday/short term accommodation
Private off street area parking
Resort pool with spa, relaxation areas and barbeque facilities
Onsite managers
Public transport pick up outside complex
Call Junelle for a private inspection 0407 076 528

Property History for 3/294-298 Sheridan St, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$179,000
09 Jul 2024
  • 09 Jul 2024
    Sold for $179,000
  • 02 Jul 2024
    Listed for Sale Contact Agent
  • 13 Aug 2019
    Sold for $85,000
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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.