SOLD
Sold on 14 Dec 2023 for $505,000

31/249-255 Esplanade
Cairns North QLD 4870

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 92m2
Land area: 124m2
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Property Details for 31/249-255 Esplanade, Cairns North

Building Type
Commercial
Year Built
1982
Floor Size
92m2
Land Size
124m2
Local Government
Cairns Regional
Lot/Plan
31/BUP70217

Last Listing description (November 2023)

PROPERTY ID: 78403 (quote when calling)

property can be lived in, permanently rented or holiday let by on-site managers or air bnb
6th floor - fantastic ocean views from living room and both bedrooms

walk-in wardrobe to masterbedroom, ensuite with granite vanity
bathtub with shower in bathroom, granite vanity
kitchen was rebuilt about 20 years ago
split system aircons to all rooms
secure undercover carspace and storage
bodycorp $8800 council $2600
about 90m2 living area + carspace
rented $550 per week, monthly tenancy
vendor finance at RBA rate + 4% must have $50000 deposit

Property History for 31/249-255 Esplanade, Cairns North, QLD 4870

A timeline of how this property has performed in the market
Last Sold
$505,000
14 Dec 2023
Listed for Rent
$510/w
02 Jan 2020
  • 14 Dec 2023
    Sold for $505,000
  • 07 Nov 2019
    Listed for Sale Low $400,000's
  • 09 Oct 2019
    Listed for Rent $510 / 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 3,946 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 37 properties listed for sale, and 42 properties listed for rent in Cairns north on OnTheHouse. According to CoreLogic's data, 226 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.