315 Lake St, Cairns North is a bedroom, 1 bathroom House. The property has a land size of 475m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2015.
YOU MIGHT NOT SEE THE WATER - BUT YOU CAN SMELL THE SALT!!!!!!
Located just North of the Cairns Base Hospital the opportunity exists for one very astute buyer to purchase this property at land value only. Literally, less than a 1 minute walk to the Esplanade this is an opportunity for those seeking a classic Queenslander to renovate or a vacant block to redevelop with a modern home. Zoned residential 3 the possibilities are endless - with council approval - and with a market that is turning an opportunity like this is one not to be missed.
The home itself is in need of extensive renovation but never the less presents itself as a blank Canvas for those with flair and vision.
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 3,972 properties. Over the last 5 years, Houses in Cairns North have seen a 33.04% increase in median value, while Units have seen a 55.81% increase. As at 31 August 2024:
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